Except where final settlement is by sworn statement under s. 865.16, every personal representative shall file in the court a verified account of the personal representative’s administration:

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Terms Used In Wisconsin Statutes 862.01

  • Person: includes all partnerships, associations and bodies politic or corporate. See Wisconsin Statutes 990.01
  • Personal representative: means a person, however denominated, who is authorized to administer a decedent's estate. See Wisconsin Statutes 990.01
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Sworn: includes "affirmed" in all cases where by law an affirmation may be substituted for an oath. See Wisconsin Statutes 990.01
   (1)   When the personal representative files a petition for final settlement;
   (2)   Upon the revocation of the personal representative’s letters;
   (3)   When the personal representative submits an application to resign as personal representative;
   (4)   At any other time when directed by the court either on its own motion or on the application of any person interested.