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1 Overview — what makes Wisconsin probate different

Wisconsin probate is governed by Wis. Stat. Chapters 851–879. Six features set Wisconsin apart from every other state in this guide series.

First: The Wisconsin Marital Property Act (Ch. 766). Wisconsin adopted the Uniform Marital Property Act in 1986 — making it functionally similar to a community property state, but not one of the nine traditional community property states. Every asset acquired by either spouse during the marriage (after the "determination date" — generally the wedding date after January 1, 1986) is marital property owned equally by both spouses. At death, the deceased spouse can only dispose of their half of marital property. The surviving spouse's half is already theirs — it doesn't go through probate at all.

Second: Survivorship marital property (Wis. Stat. § 766.60). Spouses can title marital property with a "survivorship" designation, similar to joint tenancy with right of survivorship. Wisconsin homestead acquired during marriage is presumptively survivorship marital property under § 766.605. When a spouse dies, the surviving spouse takes the entire asset automatically outside of probate. The deceased spouse cannot override this by will. Properly titled survivorship marital property is the single most effective probate avoidance tool for Wisconsin married couples.

Third: The Register in Probate — a court officer in each Wisconsin county's Circuit Court who handles informal administration without direct judge involvement. For routine, uncontested estates, the entire administration runs through the Register. Only contested matters go to a circuit court judge. This is distinct from Maryland's elected Register of Wills (a constitutional officer) or Missouri's Probate Division clerk.

Fourth: Four distinct probate paths, each genuinely different: Transfer by Affidavit (no court, personal property ≤$50K, 30-day wait); Summary Settlement (simplified court procedure, ≤$50K, surviving spouse or minor children present); Summary Assignment (≤$50K, no surviving spouse or minor children, creditor publication required); Informal Administration (standard track for estates over $50K, no judge needed).

Fifth: No holographic wills — like Minnesota, Wisconsin requires two witnesses for any valid will. Handwritten unwitnessed documents have no legal effect.

Sixth: Expanded DHS Medicaid estate recovery — Wisconsin's recovery program reaches beyond the probate estate to survivorship marital property and certain non-probate assets, including after the surviving spouse's death. This is broader than most states and catches families by surprise.

Wisconsin: no estate tax, no inheritance tax — plus a double step-up in basis
Wisconsin has no state estate tax and no inheritance tax. Only the federal estate tax applies (above $15 million per individual in 2026). Additionally — and this is a significant advantage — Wisconsin's marital property system provides a full step-up in cost basis on both halves of marital property at the first death. In common law states, only the deceased's half of jointly held property gets stepped up. In Wisconsin (and other marital/community property states), both halves get the date-of-death value as the new basis. For a couple who bought a lake cabin decades ago, this can eliminate hundreds of thousands of dollars of capital gains tax when the surviving spouse later sells.

Wisconsin probate at a glance

TopicWisconsin ruleAuthority
Governing lawWis. Stat. Chapters 851–879 (Probate); Chapter 766 (Marital Property)Wis. Stat. § 851.001 et seq.
Probate courtCircuit Court (Probate Division) in each of 72 counties; Register in Probate handles informal administrationWis. Stat. § 856.01
Marital property systemAll income/assets acquired by either spouse during marriage (after determination date) = marital property; each spouse owns half; surviving spouse's half does NOT go through probateWis. Stat. Ch. 766
Survivorship marital propertyPasses entirely to surviving spouse outside probate; homestead presumptively survivorship; cannot be overridden by willWis. Stat. § 766.60, § 766.605
Transfer by AffidavitPersonal property ≤ $50,000; 30-day wait; no court; no real estate; affiant personally liable for debtsWis. Stat. § 867.03
Summary SettlementEstate ≤ $50,000; surviving spouse or minor children; simplified court procedure; no PR appointmentWis. Stat. § 867.01
Summary AssignmentEstate ≤ $50,000; no surviving spouse or minor children; creditor publication required; court hearingWis. Stat. § 867.02
Informal administrationStandard track for estates over $50,000; Register in Probate; no judge for routine matters; most common pathWis. Stat. Ch. 865
Formal administrationJudge-involved; contested matters; required when informal is not availableWis. Stat. Ch. 856
Will filing deadlineAny person with custody of a will must file it with the Register in Probate within 30 days of learning of deathWis. Stat. § 856.05
Publication deadlineNotice to Creditors must be published within 15 days of the Register signing itWis. Stat. Ch. 865
Creditor period3–4 months from the date set by the court (specific date set by court in the notice order)Wis. Stat. § 859.01
Inventory deadlineWithin 6 months of personal representative appointmentWis. Stat. § 858.01
Holographic willsNOT valid in Wisconsin — requires testator signature + two adult witnessesWis. Stat. § 853.03
DHS estate recoveryExpanded program — reaches survivorship marital property after surviving spouse's death; broader than most statesWis. Stat. § 49.496
Step-up in basisFull step-up on BOTH halves of marital property at first death — unlike common law states (only one half gets stepped up)IRC § 1014
WI estate taxNone
WI inheritance taxNone

2 The Wisconsin Marital Property Act — the feature that changes everything

Wisconsin's Marital Property Act (Wis. Stat. Ch. 766) is the single most important thing to understand before settling a Wisconsin estate. It changes the fundamental question from "what did the decedent own?" to "what was marital property and how was it titled?"

Wisconsin Property at Death — Interactive Guide

Select a property type to see how it passes at a spouse's death · Wis. Stat. Ch. 766 & Ch. 851

Survivorship Marital Property — § 766.60 / § 766.605
Passes entirely to surviving spouse — completely outside probate
At the death of one spouse, the surviving spouse takes the deceased spouse's half automatically. No probate. No court. No personal representative. No Letters of Administration needed for this asset. The deceased spouse cannot override this by will. Wisconsin homestead acquired during marriage is presumptively survivorship marital property under § 766.605 — even if the deed doesn't say "survivorship."
Examples: Home purchased during marriage (even if deed only shows one spouse's name), bank account labeled "survivorship marital property," investment account with survivorship designation.
No probatePasses instantlyWill cannot overrideFull step-up in basis

What counts as marital property?

Property typeClassificationNotes
Wages and salary earned during marriageMarital propertyBoth spouses own equal undivided halves from the moment earned
Bank accounts opened with marital fundsMarital propertyEven if only one name is on the account
Home purchased during marriageMarital property (presumptively survivorship)§ 766.605: homestead is presumptively survivorship marital property
Retirement accounts funded during marriageMarital propertyContributions made during marriage are marital; careful tracing needed
Property owned before marriage (before determination date)Individual propertyStays separate if not commingled with marital funds
Gifts and inheritances received during marriageIndividual propertyUnless commingled with marital property or converted by agreement
Property acquired before Jan. 1, 1986Pre-determination date property — individual property rules applyWisconsin's marital property system effective January 1, 1986
Property that has been mixed (commingled)May become marital propertyTracing required to determine what portion remains individual property
Marital property does NOT automatically become survivorship property — you must properly title it
Simply holding property as marital property (without a survivorship designation) does not create automatic transfer at death. Only property specifically titled as "survivorship marital property" passes automatically to the surviving spouse outside of probate. Marital property without the survivorship designation must be split — the deceased's half goes through probate, while the surviving spouse keeps their half outside of probate. The most practical action Wisconsin couples can take: ensure accounts, real estate, and major assets are titled as "survivorship marital property" or have a beneficiary designation.

3 Wisconsin's four probate paths

Transfer by Affidavit

No court · Fastest
Personal property only — no real estate
Value ≤ $50,000 (after deducting survivorship/beneficiary assets)
30-day wait after death
No court filing — affidavit presented to institution
Wis. Stat. § 867.03
Fee: $0 court filing · Timeline: 30–60 days

Summary Settlement

Spouse or minor children present
Estate ≤ $50,000 (or estate does not exceed costs and statutory allowances)
Surviving spouse or minor children must survive the decedent
No personal representative appointed; court assigns assets directly
Can include real estate; Wis. Stat. § 867.01
Fee: Court filing · Timeline: 2–4 months

Summary Assignment

No surviving spouse or minor children
Estate ≤ $50,000; no surviving spouse or minor children
Creditor publication required (unlike Summary Settlement)
Court hearing required; Wis. Stat. § 867.02
Court assigns assets to distributees without PR appointment
Fee: Court filing · Timeline: 3–6 months

Informal Administration

Standard track · Register in Probate
Estate over $50,000 (or qualifies but parties prefer full administration)
Handled by Register in Probate — no judge needed for routine matters
All heirs must consent (if no will); Wis. Stat. Ch. 865
Formal administration (judge involved) if disputes or objections arise
Fee: Court filing · Timeline: 9–18 months

4 The Register in Probate — Wisconsin's informal administration officer

Each Wisconsin county's Circuit Court has a Register in Probate — a court officer who handles the administrative functions of informal probate without direct judge involvement. This is Wisconsin's version of what some UPC states call a "Registrar" and is distinct from Maryland's elected Register of Wills.

FunctionRegister in Probate handlesCircuit Court judge required?
Initial filing of willReceives will, reviews application for informal administrationNo
Appointment of Personal RepresentativeIssues appointment order and Letters of Administration for informalNo — informal only
Notice to CreditorsSigns notice; publication must occur within 15 days of Register's signatureNo
Inventory filingAccepts inventory (due within 6 months)No
Closing the estateAccepts final account and closing documentsNo — routine closes
Will contestsNo jurisdiction; refers to circuit courtYes
Objections to informal administrationIf objection received, case converts to formalYes — formal proceedings
Summary Settlement / AssignmentHandles filing; court hearing still required for Summary AssignmentYes — hearing required for assignment
Informal administration requires all heirs to consent — any objection converts the case
For intestate informal administration (no will), all heirs must consent in writing to informal administration. If any heir objects, the estate automatically converts to formal administration before a judge. For testate informal administration (with a will), the will itself must not prohibit informal administration, and no interested person may object. The Register in Probate will check for objections and deny the informal application if any arise. Once the estate is in formal administration, all proceedings go before a circuit court judge with full judicial oversight.

5 Wisconsin DHS Medicaid estate recovery — broader than most states

Wisconsin's Department of Health Services (DHS) operates one of the most expansive Medicaid estate recovery programs in the country. Unlike states that limit recovery to the probate estate, Wisconsin reaches beyond probate to recover long-term care costs.

Wisconsin DHS recovery extends to survivorship marital property after the surviving spouse dies
Wisconsin's Medicaid estate recovery (Wis. Stat. § 49.496) is an expanded program that can recover from: (1) the probate estate (all states); (2) survivorship marital property — but only after the surviving spouse also dies; and (3) certain other non-probate transfers. The critical nuance: while the surviving spouse is alive, DHS cannot enforce claims against survivorship marital property. A lien is placed on the home, but enforcement is deferred. After the surviving spouse dies, the lien comes due. Families who assumed that titling the home as survivorship marital property fully protected it from DHS recovery may be surprised when DHS files a claim after the second death. DHS will file a claim in the estate of the surviving spouse for 50% of the marital property that Medicaid paid for. Heirs may apply for hardship waivers; Wisconsin allows up to $5,000 in total for heirs to retain before DHS recovery applies.

6 Wills, creditors & key deadlines

Valid wills — no holographic wills in Wisconsin

Will typeValid in Wisconsin?Requirements
Witnessed willYes — standardTestator's signature + two adult witnesses who sign in the testator's presence or acknowledgment; Wis. Stat. § 853.03
Self-proving willYes — preferredWitnessed will + notarized self-proving affidavit; eliminates need for witnesses to appear at probate; Register can admit without testimony
Holographic will (handwritten, no witnesses)NOT valid in WisconsinUnlike Colorado, Indiana, Virginia, Tennessee — Wisconsin requires two witnesses. A purely handwritten document is not a valid will.
Will must be filed within 30 days of learning of death
Any person who has custody of a will must file it with the Register in Probate in the county where the decedent resided within 30 days of learning of the death (Wis. Stat. § 856.05). Willful failure to file a will is a crime in Wisconsin. The person named in the will as personal representative has the same 30-day obligation. If you have a deceased person's will in your possession, file it promptly — even if you don't intend to open a full probate case.

Creditor period and notice requirements

Creditor ruleWisconsin requirement
Publication deadlineNotice to Creditors must be published within 15 days of the date the Register in Probate signs the notice order
Creditor claim period3–4 months from the date specified in the court's notice (the court sets a specific deadline date in this range)
Known creditorsMust be mailed/served a copy of the Notice to Creditors directly; direct service starts an independent deadline
DHS noticeWisconsin DHS must be notified; DHS files claims during the creditor period for Medicaid recovery
Inventory deadlineWithin 6 months of personal representative appointment (Wis. Stat. § 858.01)
Estate closingMost estates should close within 12–18 months; court may grant extensions

7 Informal administration — step by step

  1. 1

    Identify all property and its classification Do first — marital property analysis

    Before opening probate, identify what actually needs to go through the estate. Survivorship marital property passes automatically to the surviving spouse — no probate. The surviving spouse's half of regular marital property is already theirs — no probate. Only the deceased's half of non-survivorship marital property, and all individual property, needs to go through probate or another transfer mechanism. For many Wisconsin married couples, the surviving spouse already owns the majority of the assets; the probate estate may be much smaller than the gross estate suggests.

  2. 2

    File will within 30 days; choose path based on estate size 30-day will filing deadline

    File the original will with the Register in Probate within 30 days. Determine which path applies: Transfer by Affidavit (personal property ≤$50K, 30-day wait, no court); Summary Settlement (≤$50K with surviving spouse or minor children); Summary Assignment (≤$50K, no spouse or minor children, hearing needed); or Informal Administration (over $50K or parties prefer full administration). For informal administration, file an Application for Informal Administration with the Register in Probate — all heirs must consent in writing if intestate. Filing fees vary by county; Dane County and Milwaukee County fees are higher.

    Original will (file within 30 days)Application for Informal AdministrationConsents from all heirs (intestate estates)
  3. 3

    Register in Probate reviews and issues Letters of Administration No judge needed for informal

    The Register in Probate reviews the application. If complete and uncontested, the Register issues an order and Letters Testamentary (testate) or Letters of Administration (intestate) authorizing the personal representative to act. No hearing is required for routine informal administration. The Register also signs the Notice to Creditors at this step. Publication must occur within 15 days of the Register's signature on the notice. Order 6–8 certified copies of Letters — each institution needs its own.

    Letters Testamentary or Letters of AdministrationOrder 6–8 certified copiesNotice to Creditors (signed by Register)
  4. 4

    Publish Notice to Creditors within 15 days; serve DHS 15-day publication deadline

    Publish the Notice to Creditors in a newspaper of general circulation in the county within 15 days of the Register signing it. The notice sets the specific creditor claim deadline (3–4 months from the notice date). Mail copies directly to all known creditors. Notify the Wisconsin Department of Health Services — DHS must be served so it can evaluate whether to file a Medicaid recovery claim. The creditor period begins from the publication date.

    Notice to Creditors (published within 15 days)DHS notification (Wis. Stat. § 49.496)Direct mail to known creditors
  5. 5

    File inventory within 6 months 6-month deadline

    Within 6 months of appointment, file a complete inventory of all probate assets (the deceased's half of non-survivorship marital property + individual property) with the Register in Probate (Wis. Stat. § 858.01). Exclude survivorship marital property (not part of the probate estate) and the surviving spouse's half of marital property. Get professional appraisals for real estate, business interests, and valuable personal property. The inventory establishes the estate value for PR compensation and final account purposes.

    Inventory (Wis. Stat. § 858.01)Deadline: 6 months from appointment
  6. 6

    Pay debts and taxes; distribute estate

    After the creditor period expires, pay valid claims in statutory priority order. File the decedent's final Wisconsin income tax return (Form 1) and federal return. File fiduciary income tax returns if the estate generates income. No Wisconsin estate tax return required. Distribute remaining assets per the will or Wisconsin intestacy. Keep in mind: the surviving spouse's elective share rights (deferred marital property election) must be addressed if applicable.

  7. 7

    File final account and close the estate Target: 12–18 months

    File a final account with the Register in Probate showing all estate transactions. For informal administration, the Register reviews and the case closes without requiring a circuit court judge's approval if uncontested. The personal representative is discharged from liability after the final account is accepted. Wisconsin courts expect most estates to close within 12–18 months; extensions require court approval.

    Final Account (filed with Register in Probate)PR discharge

8 Timeline & costs

ScenarioTimelineKey driver
Transfer by Affidavit (personal property ≤$50K)30 days + weeks30-day wait + institution processing
Summary Settlement (with surviving spouse / minor children)2–4 monthsCourt procedure; simplified; no creditor period required
Summary Assignment (no spouse / minor children)3–6 monthsCreditor publication + court hearing
Informal administration — simple, cooperative estate9–14 months3–4 month creditor period + 6-month inventory + final account
Dane County (Madison) or Milwaukee County — higher volume10–16 monthsHigher caseload; court scheduling
Formal administration (judge-involved)12–20+ monthsCourt hearings; judicial oversight at each step
Contested will or formal dispute12–36+ monthsEvidentiary hearings; potential appeal
Cost itemTypical amountNotes
Transfer by Affidavit$0 court filingNo court case opened; presented directly to institution
Court filing feesVaries by county and estate valueDane and Milwaukee counties have published fee schedules; Register in Probate sets fees per Wis. Stat. § 814.66
Publication cost~$50–$150Newspaper publication; varies by county
WI estate/inheritance tax$0Wisconsin has neither state estate tax nor inheritance tax
PR compensationReasonable; no statutory %Court considers estate complexity and PR's time; approved at final account
Attorney fees (informal)$2,000–$5,000Typical for cooperative estate; flat fee common in Wisconsin
Attorney fees (formal / contested)$5,000–$15,000+Hearings, judicial proceedings, complex marital property analysis
Stepped-up basis tax savingsPotentially significantFull step-up on both halves of marital property — can eliminate capital gains on decades of appreciation

9 Key Wisconsin probate forms

Wisconsin probate forms are available from each county's Register in Probate office and from the Wisconsin Court System at wicourts.gov. The Wisconsin Register in Probate Association also maintains a guide for informal estate administration. Forms are designated with "PR" prefix (Probate Register). The Register in Probate's staff can guide self-represented petitioners through forms, though they cannot give legal advice.

PR-1831 — Affidavit for Transfer of Property Without Probate
≤$50K personal property · 30-day wait · No court

Used when personal property (no real estate) is $50,000 or less and at least 30 days have passed since death. Presented directly to the institution holding the asset — no court filing required. The affiant becomes personally liable for the decedent's debts up to the value received. Under Wis. Stat. § 867.03. Available from county Register in Probate offices and wicourts.gov.

PR-1840 series — Summary Settlement / Assignment Petition
Estate ≤$50K · Simplified court procedure

Used for Summary Settlement (with surviving spouse or minor children, no creditor publication required — Wis. Stat. § 867.01) or Summary Assignment (without surviving spouse or minor children, creditor publication and court hearing required — Wis. Stat. § 867.02). Court assigns assets to distributees without PR appointment. Faster than full administration for small estates.

Application for Informal Administration (Form PR-1800)
Standard track · Register in Probate · No judge

Filed with the Register in Probate to open informal administration for estates over $50,000. The Register reviews without scheduling a court hearing for uncontested applications. For intestate estates, all heirs must submit written consents. The will must not prohibit informal administration. Any objection converts the case to formal administration. Wis. Stat. Ch. 865.

Letters Testamentary / Letters of Administration
Issued by Register in Probate · PR's authority

Issued by the Register in Probate after the Application for Informal Administration is approved. Authorizes the personal representative to manage estate assets, access accounts, and act on behalf of the estate. Order 6–8 certified copies — each bank, brokerage, and county register of deeds needs its own. Valid until the estate closes.

Notice to Creditors
Publish within 15 days · 3–4 month period

Signed by the Register in Probate and then published in a newspaper of general circulation in the county within 15 days of the Register's signature. The notice sets the specific creditor claim deadline (3–4 months from the notice date, court determines the specific date). Also serves as notice to DHS for Medicaid recovery evaluation. Copies mailed directly to all known creditors.

Inventory (Form PR-1850)
6-month deadline · Probate assets only

Filed with the Register in Probate within 6 months of appointment. Lists only the probate estate assets — the deceased's share of non-survivorship marital property and all individual property. Does NOT include the surviving spouse's half of marital property (already theirs) or survivorship marital property (passes automatically). The Wisconsin marital property system significantly reduces what goes on the inventory for married decedents. Wis. Stat. § 858.01.

Final Account (Form PR-1900)
Closes estate · Target 12–18 months

Filed with the Register in Probate to close the estate. Shows all estate receipts, disbursements, and distributions. For informal administration with no objections, the Register accepts the account and closes the case without requiring a circuit court judge's approval. PR is discharged from personal liability. Wisconsin courts expect most estates to close within 12–18 months; extensions require court approval.

Marital Property Classification Worksheet
Not a court form — essential planning tool

Not an official court form, but essential for Wisconsin estates. A marital property worksheet helps identify each asset, its classification (survivorship marital, regular marital, or individual property), and whether it goes through probate. Wisconsin's Wisconsin Register in Probate Association and State Bar of Wisconsin provide worksheets and guides. The marital property analysis directly determines the size of the probate estate.

View all Wisconsin probate forms by county →

10 Wisconsin probate courts — all 72 counties

Wisconsin has 72 counties, each with a Circuit Court and Register in Probate that handles probate matters. File in the county where the decedent was domiciled at death. Dane County (Madison) and Milwaukee County handle the highest probate volumes and may have longer processing times. Northern Wisconsin counties with significant vacation property and agricultural land often deal with complex marital property and individual property classification questions. All Wisconsin courts accept filings at the Register in Probate office in the county courthouse.

Showing all 72 Wisconsin counties

11 Wisconsin probate — frequently asked questions

Wisconsin's Marital Property Act (Ch. 766) means that at a married person's death, the surviving spouse already owns half of all marital property outright — that half never enters the probate estate. Additionally, any marital property that was titled with a "survivorship" designation passes entirely to the surviving spouse outside of probate, with no court involvement at all. The practical effect: for a married Wisconsin couple who properly titled their home as survivorship marital property and held accounts in both names, the probate estate might be very small — perhaps just some individually held accounts, vehicles in one name only, or individual property received as gifts or inheritances. The inventory filed in probate lists only the deceased's share of non-survivorship marital property and all individual property. For many Wisconsin couples, the probate estate is a fraction of their total assets. This is the key planning advantage Wisconsin's marital property system provides over common law states where every solely-owned asset must go through probate.
The Transfer by Affidavit (Wis. Stat. § 867.03) is the simplest path: no court involvement, no petition, no hearing. An heir or the surviving spouse simply waits 30 days after death, then presents a signed affidavit to the institution holding the personal property. The total personal property subject to transfer must be $50,000 or less. Real estate cannot be transferred this way. The affiant becomes personally responsible for the decedent's debts up to the value received. Summary Settlement (Wis. Stat. § 867.01) is different — it requires a court filing and is used when: (1) the estate is $50,000 or less (net of debts secured by property), and (2) there is a surviving spouse or minor children. Summary Settlement does not require creditor publication (unlike Summary Assignment) and can include real estate. The court directly assigns the assets to the spouse or children without appointing a personal representative. Summary Assignment (§ 867.02) is used when the estate is $50,000 or less but there is no surviving spouse or minor children — it requires creditor publication and a court hearing, but still avoids appointing a personal representative. For personal property under $50,000 with a simple family situation, the Transfer by Affidavit is the fastest and cheapest option. If real estate is involved, Summary Settlement or Summary Assignment may be needed.
Wisconsin has one of the most expansive Medicaid estate recovery programs in the country. DHS can recover from three sources: (1) the probate estate — for assets going through court administration; (2) survivorship marital property — but importantly, only after the surviving spouse also dies; and (3) certain other non-probate transfers. While the surviving spouse is alive, Wisconsin law defers enforcement against survivorship marital property. DHS can place a lien on the home, but it cannot force a sale or collect while the surviving spouse is living (or while a minor, disabled, or blind child lives there). After the surviving spouse also dies, DHS files a recovery claim in the surviving spouse's estate for 50% of the marital property for which Medicaid paid. Heirs can retain up to $5,000 in total before DHS recovery kicks in, and hardship waivers are available for working farms and certain other situations. Families who assumed that survivorship marital property was permanently protected from DHS recovery are often surprised after the second death when DHS files its claim. Consult an elder law attorney before transferring property or assuming DHS recovery cannot reach your assets.
No. Wisconsin does not recognize holographic wills — handwritten wills without witnesses. Under Wis. Stat. § 853.03, a valid Wisconsin will requires the testator's signature and the signatures of two adult witnesses who sign in the testator's presence or acknowledgment. A purely handwritten document without two witnesses has no legal effect in Wisconsin, regardless of how clearly it expresses the testator's wishes. The estate will be treated as intestate and distributed under Wisconsin's intestacy laws (Ch. 852). This contrasts with states like Colorado, Indiana, Virginia, and Tennessee, which do recognize holographic wills. If someone left a handwritten document purporting to be their will in Wisconsin, contact a probate attorney immediately — the document has no legal effect, and distribution will follow intestacy rules unless a valid witnessed will can be found.
Under federal tax law (IRC § 1014), assets included in a decedent's estate receive a "step-up" in cost basis to the asset's fair market value on the date of death. This eliminates capital gains tax on appreciation that occurred during the decedent's lifetime. In common law property states, only the deceased spouse's half of jointly held property gets stepped up at the first death. The surviving spouse's half retains its original cost basis. In Wisconsin (and other marital/community property states), both halves of marital property receive a full step-up in basis at the first spouse's death. This is a significant difference. Example: A couple purchased a lake cabin decades ago for $80,000. Today it's worth $600,000. In a common law state, only half the gain ($260,000) would be wiped out by the step-up; the surviving spouse retains the original basis on their half. In Wisconsin, the full $520,000 in appreciation gets stepped up, eliminating all potential capital gains tax if the surviving spouse immediately sells. For Wisconsin couples with appreciated real estate, investments, or farmland, this double step-up can save tens of thousands of dollars in income taxes compared to living in a common law state.
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