Wisconsin Estate Receipt (Informal and Formal Administration) is a document that is used to provide an accounting of how estate assets have been distributed in the state of Wisconsin. The estate receipt is used to document the transaction and provide the court with proof of how assets have been distributed. Informal Administration is the less formal of the two types of Wisconsin Estate Receipts. This type of administration is used when the estate is small and there is little or no dispute among the heirs. This type of administration does not require court approval, and the estate is handled by the personal representative. Formal Administration is the more formal of the two types of Wisconsin Estate Receipts. This type of administration is used when the estate is larger or if there is a dispute among the heirs. This type of administration requires court approval and the court will appoint a personal representative to handle the estate. Both types of Wisconsin Estate Receipts must be signed by the personal representative and all heirs, and must be filed with the court.