Classification of future interests

Wis. Stat. § 700.04
in effect
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Future interests are classified as: (1) A reversionary interest left in the transferor or the transferor’s successors in interest, either as a reversion, a possibility of reverter upon the simultaneous creation of a fee simple determinable, or a power of reacquisition; or (2) An interest created in a person other than the transferor or the transferor’s successors in interest, called a remainder, to take effect at the termination of a preceding interest created at the same time or without the intervention of such a preceding interest.
Source: WI Statutes (Official Site)URL: https://docs.legis.wisconsin.gov/document/statutes/700.04Fetched: 10/7/2026