Wisconsin Statutes 862.01 – When personal representative shall account
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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:
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.