Transfer By Affidavit Wisconsin Instructions
Description
How to fill out Wisconsin Transfer By Affidavit For Estates Valued Under $50,000?
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FAQ
The Transfer by Affidavit process may be used to close a person's estate when the deceased had $50,000 or less in assets subject to administration in Wisconsin. It is an alternative to using a court process for smaller estates.
A deed and an Electronic Wisconsin Real Estate Transfer Return (eRETR) must be completed to convey title to real estate. If you need additional information in regards to your inquiry you will have to consult with a title company or an attorney. You can also contact the Register of Deeds at (608) 266-4141.
Most states require an affidavit of title as part of the legal paperwork required for transferring property from one party to another. An affidavit of title is also generally required by the title company before it will issue title insurance.
A Wisconsin small estate affidavit, also known as a Transfer by Affidavit, helps heirs, successors and beneficiaries of estates valued at $50,000 or less receive what they are entitled to more quickly than through traditional means.
Transfer by Affidavit ($50,000 and under) Any heir, trustee, or person who was guardian, may collect and transfer the solely owned assets by completing an affidavit in duplicate. The original form Wisconsin Court System website must be sent via certified mail to the Wisconsin Department of Health and Family Services.