Third parties in good faith protected

Wis. Stat. § 702.505
in effect
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Any person acting without actual notice of claims of creditors under this subchapter incurs no liability to those creditors for transferring property that is subject to a power of appointment or that has been appointed. A purchaser without actual notice and for a valuable consideration takes an interest in property, legal or equitable, and takes the interest free of any rights that a powerholder’s creditor may have under this subchapter.
Source: WI Statutes (Official Site)URL: https://docs.legis.wisconsin.gov/document/statutes/702.505Fetched: 10/7/2026
Wis. Stat. § 702.505 — Third parties in good faith protected | Wisconsin Statutes (updated through 2025 Wis. Act 247) | Corpus