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PR-1816 Guidance: Personal Representative's Statement to Close Estate (Informal Administration) (Wisconsin)

The PR-1816 Personal Representative's Statement to Close Estate form is used when a personal representative has fully administered a decedent's estate under informal administration in Wisconsin and needs to formally declare the estate closed, having settled all debts, taxes, and distributed assets to rightful heirs. Jump to guide on filling it out.

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Tips for filling out form PR-1816

When completing form PR-1816, pay special attention to these less obvious sections:

Item 2

Outstanding Liabilities

Even if you believe all claims and taxes have been settled, carefully ensure there are no overlooked small amounts or pending settlements that could appear later. If there are any arrangements for outstanding liabilities, use the 'See attached' section to detail them comprehensively.
Item 3

Distribution of Assets

When listing the distribution of assets, double-check that all beneficiaries named in the will or entitled by law have received their proper share. If discrepancies arise, clarify and resolve them before submitting the form.
Item 5

Distributee and Claimant Notification

It's crucial to send a copy of this statement to every distributee and creditor whose claims are either unpaid or not barred. Be meticulous: missing even one party can delay or complicate the closing of the estate.
Item 7

Attorney Fees Disclosure

If attorney fees are to be paid from the estate's assets, accurately disclose the amount. It's essential for transparency and may be scrutinized by interested parties, so ensure it's supported by documented agreements or invoices.
Item 8

Understanding Termination Conditions

Make sure you clearly understand the implications of the six-month waiting period. If no legal challenges are filed, your role as personal representative will conclude automatically, so consider marking this date to confirm termination.

What to do after filing form PR-1816

1
Wait for six months after filing to allow time for any proceedings challenging the statement to be brought forth.
2
Monitor any communications or responses from the court regarding the closure of the estate.
3
Ensure an organized record of all paperwork, including copies of the filed statement and any relevant correspondence with distributees and creditors.
4
Verify that there are no pending claims, disputes, or unresolved issues related to the estate during this period.
5
If no challenges or proceedings are initiated within six months, understand that the appointment as personal representative terminates, effectively closing the estate.
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