863.27 Contents of final judgment. In the final judgment the court shall approve the final account, designate the persons to whom assignment and distribution are being made, and assign to each of them the property or proportions or parts of the estate or the amounts to which each is entitled. The findings of fact which support the judgment shall include a determination of the heirs of the decedent; facts showing that all jurisdictional requirements have been met; the date of death of the decedent and the decedent's testacy or intestacy; facts relating to the payment of state death tax, state income tax, and claims and charges against the estate. If immediately before death the decedent had an estate for life or an interest as a joint tenant in any property in regard to which a certificate of termination has not been issued under s. 867.04 or an interest in marital property for which a certificate has not been issued under s. 865.201 or 867.046, the findings of fact which support the judgment shall set forth the termination of the life estate, the right of survivorship of any joint tenant, or the decedent's interest in marital property and, upon the petition of the decedent's spouse, the confirmation of the one-half interest held by the surviving spouse in marital property immediately before the death of the decedent spouse. In addition, the findings of fact shall, upon petition of a designated person, trust, or other entity under s. 766.58 (3) (f) or of a TOD beneficiary under s. 705.15 or 705.18, set forth the confirmation of an interest in property passing by nontestamentary disposition under s. 705.15, 705.18, or 766.58 (3) (f). Every tract of real property in which an interest is assigned or terminated shall be specifically described. If a fund is withheld from distribution for the payment of contingent claims, for meeting possible tax liability, or for any other reasonable purpose, the judgment shall provide for the distribution of the fund if all or a part of it is not needed.
History: 1971 c. 40 s. 93; 1977 c. 449; 1985 a. 37; 1987 a. 27; 2005 a. 206; 2021 a. 201.
NOTE: See notes in 1985 Wis. Act 37, marital property trailer bill.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
Chapter 863 - Closing estates.
863.05 - Execution and levies by creditors of distributees prohibited.
863.07 - Assignment by distributee.
863.08 - Exchange by distributee and surviving spouse.
863.09 - Allowance for tombstone and care of grave.
863.11 - Order in which assets appropriated; abatement.
863.13 - No exoneration of encumbered property.
863.16 - Value used in distribution of fractional shares.
863.17 - Partition by agreement.
863.19 - Valuation used in distribution of estate assets.
863.21 - Construction of will, notice.
863.23 - Determination and proof of heirship.
863.25 - Petition for final judgment.
863.27 - Contents of final judgment.
863.29 - Recording final judgment.
863.31 - Conclusiveness of final judgment.
863.33 - Estates to be completed promptly.
863.37 - Distribution of money or other property where payment or transfer is prohibited.
863.41 - Receipts to be filed.
863.43 - Distribution to ward; notice.
863.45 - Receipts from guardians.
863.46 - Remedy of creditors of certain heirs and legatees; service of citation.