700.03 Classification of present and future interests. 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.
Classification of present and future interests
Wis. Stat. § 700.03 — under INTERESTS IN PROPERTY.
Wis. Stat. § 700.03