Wisconsin Statutes 877.29 – Debts charged upon realty not affected
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Terms Used In Wisconsin Statutes 877.29
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Decedent: A deceased person.
- Property: includes real and personal property. See Wisconsin Statutes 990.01
Nothing in this chapter shall affect the liability of heirs or beneficiaries for any debt of their decedent that was by the decedent’s will expressly charged upon property or made payable exclusively out of particular property or of any beneficiary made exclusively liable for the debt.