A Wisconsin Petition for Summary Settlement (Formal Administration) is a legal document used in the state of Wisconsin to settle an estate without having to go through the full probate process. This type of petition is used when the value of the estate is below a certain amount and there are no disputes among the heirs or creditors. The petition must be filed in the local probate court and requires the signatures of all interested parties. There are two types of Wisconsin Petition for Summary Settlement (Formal Administration) — voluntary and involuntary. A voluntary petition allows the estate to be settled without court intervention. An involuntary petition requires court approval, and can be filed by a creditor or other interested party who wishes to have the court intervene in the settlement of the estate.
A Wisconsin Petition for Summary Settlement (Formal Administration) is a legal document used in the state of Wisconsin to settle an estate without having to go through the full probate process. This type of petition is used when the value of the estate is below a certain amount and there are no disputes among the heirs or creditors. The petition must be filed in the local probate court and requires the signatures of all interested parties. There are two types of Wisconsin Petition for Summary Settlement (Formal Administration) — voluntary and involuntary. A voluntary petition allows the estate to be settled without court intervention. An involuntary petition requires court approval, and can be filed by a creditor or other interested party who wishes to have the court intervene in the settlement of the estate.