859.23 Payment of contingent claims by distributees. If a contingent claim is filed and allowed against an estate subject to the contingency and all the assets of the estate including the fund set apart for the payment thereof has been distributed, and the claim thereafter is allowed as absolute, the creditor may recover thereon against those distributees, or the persons who furnish bond for the distributees, whose distributive shares have been increased by reason of the fact that the amount of the claim as finally determined was not paid prior to final distribution, if a proceeding therefor is commenced in court within 6 months after the claim is allowed as absolute. A distributee or the person who furnishes bond for the distributee shall not be liable for an amount exceeding his or her proportionate share of the estate subject to the claim, nor for an amount greater than the value of the property which he or she received from the estate, the value to be determined as of the time of distribution to the distributee.
History: 1977 c. 449.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
Chapter 859 - Probate — claims.
859.01 - Time for filing claims.
859.02 - Limitation on claims.
859.03 - Continuance of separate action.
859.09 - Transfer of claims when administration fails.
859.13 - Form and verification of claims.
859.15 - Effect of statute of limitations.
859.18 - Satisfaction of obligations at death of a spouse.
859.23 - Payment of contingent claims by distributees.
859.25 - Priority of payment of claims and allowances.
859.27 - Execution and levies prohibited.
859.29 - Persons interested may be informed of claims.
859.31 - Compromise of claims.
859.33 - Contest of claims; procedure.
859.35 - Prompt judgment; hearing if claim filed over one year.
859.39 - Delay of payment of claims when funds are insufficient.
859.40 - Creditor's action for property not inventoried.
859.41 - Creditor's action for property fraudulently sold by decedent.
859.43 - Encumbered assets; payment of debt.
859.47 - Payment of unfiled claims.
859.48 - Claims of creditors without notice.
859.49 - Last illness and funeral expense of deceased spouse.