Affidavit Of Heirship Wisconsin Form

State:
Wisconsin
Control #:
WI-ET10
Format:
PDF
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Description

The Affidavit of Heirship Wisconsin Form serves as a legally recognized document that facilitates the transfer of a decedent's property valued at $50,000 or less without the need for formal probate. It outlines the decedent's relationships to heirs and provides a basis for heirs, trustees, and personal representatives to claim property. Key features include sections for detailing the decedent's personal information, asset descriptions, values, and any applicable medical assistance benefits received by the decedent or their spouse. Users must fill the form with accurate detail, including the relationship to the decedent and itemized asset descriptions. The form requires notarization and must be filed with local registers of deeds if dealing with real estate. Attorneys, paralegals, and other legal practitioners can utilize this form to streamline estate settlements for clients, ensuring compliance with Wisconsin statutes. It also enables quicker distribution of assets, reducing potential delays in inheritance approval for heirs.

How to fill out Wisconsin Small Estate Heirship Affidavit Package For Estates Not More Than $50,000?

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FAQ

The price of the Affidavit of Heirship is $500. This price includes the attorneys' fees to prepare the Affidavit of Heirship and the cost to record in the real property records. You can save $75 if you record the Affidavit of Heirship yourself.

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.

ChecklistThe name and address of the deceased party (called the "Decedent")The name and address of the party providing sworn testimony in this affidavit (called the "Affiant")The date and location of the Decedent's death.Whether or not the Decedent left a will and, if so, the name and address of the Executor.More items...

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.

If you die without a will in Wisconsin, your assets will go to your closest relatives under state "intestate succession" laws.

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Affidavit Of Heirship Wisconsin Form