Wisconsin Statutes (Last Updated: January 10, 2017)

Section 700.03. Classification of present and future interests.

Latest version.

Interests in property are classified as to time of enjoyment as:

(1) A present interest, which entitles the owner to the present possession or enjoyment of the benefits of property; or

(2) A future interest, which does not entitle the owner to possession or enjoyment of the benefits of property until a future time.

                    
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