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The transfer by affidavit process can be used to close a person's estate when the deceased has $50,000 or less in assets subject to administration in Wisconsin. It is an alternative to using a court process for smaller estates.
Do I have to submit the Transfer by Affidavit and take full responsibility for the property? No. You may obtain a court order from the appropriate court in the county the decedent passed away. Funds will be paid as the court order dictates.
How to File (5 steps)Step 1 Gather Information.Step 2 Prepare Affidavit(s)Step 3 Notify Department of Health Services.Step 4 Get All Forms Notarized.Step 5 Collect the Assets.
The transfer by affidavit process can be used to close a person's estate when the deceased has $50,000 or less in assets subject to administration in Wisconsin. It is an alternative to using a court process for smaller estates.
Claiming Property With a Simple (Small Estate) AffidavitWisconsin has a procedure that allows inheritors to skip probate altogether when the value of all the assets left behind is less than a certain amount.