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Form PR-1831 - Transfer By Affidavit ($50,000 And Under) is a probate form in Wisconsin. To transfer decedent's assets not exceeding $50,000 (gross) to an heir, trustee of trust created by decedent, or person who was guardian of the decedent at the time of the decedent's death for distribution.
A Petition to reopen estate can be filed by any interested person, including the prior personal representative. Note:If the case was closed as a supervised estate, only a petition to reopen requesting supervised administration may be filed.
The State of Wisconsin allows its residents to utilize a Transfer by Affidavit to avoid probate when the decedent's estate does not exceed $50,000 in gross value.
WI Form PR-1806, which may also referred to as Proof Of Heirship (Informal And Formal Administration), is a probate form in Wisconsin. It is used by executors, personal representatives, trustees, guardians & other related parties during the probate & estate settlement process.
In Wisconsin, Small Estate Affidavits are commonly referred to as Transfer Affidavits. If you are dealing with someone's estate after they have passed, and there is $50,000 or less in probate assets, a transfer affidavit may be a good way to avoid probate, save time, and make the whole process easier for you.
Currently, if the value of the Wisconsin Decedent's estate is less than $50,000.00 then it may be considered a small estate. If it is greater than fifty thousand dollars then such a value will disqualify the estate from this status.