Wisconsin Appraisal Laws Related to Probate Inventory

Wisconsin Statutes Annotated
Probate (Ch. 851 to 882)
Chapter 858. Probate—Inventory

858.13. When appraisal necessary

Except as provided in s. 858.15 all inventoried property shall be appraised by one or more disinterested persons appointed by the court. The appraiser or appraisers shall appraise each item in the inventory which is required to be appraised and certify to its value. If the property is situated in 2 or more counties, one or more appraisers may be appointed for each county.

Cite as Wis. Stat. Ann. § 858.13

§ 858.15. When appraisal not necessary

Assets, the value of which is readily ascertainable without the exercise of judgment on the part of an appraiser, shall not be appraised. The value of these assets shall be shown in the inventory and verified by the personal representative, and the personal representative shall provide evidence of value as the court requires. Where evidence satisfactory to the court is produced to establish the value of any inventoried assets, no appraisal shall be required of the assets, unless a formal appraisal is requested by persons interested, the department of revenue, or by the court on its own motion.

Cite as Wis. Stat. § 858.15

§ 858.17. Supplemental inventory and appraisal

If any property not included in the inventory comes to the knowledge of the personal representative, the personal representative shall file a supplemental inventory or include the same in the personal representative's accounting. The personal representative shall have the property appraised unless it is of the type described in s. 858.15 .

Cite as Wis. Stat. § 858.17