Estate Administration in Madison, Wisconsin

Find the right Estate Administration attorney in Madison, WI

The procedure of distributing and maintaining the estate (the total accumulated property) of a person who dies is identified as "estate administration." It is carried out either through the provisions of a will, or local laws addressing the issue of a person who dies without a will.

If the person who died made and executed a valid will in Madison, Wisconsin, the process of estate administration typically follows the procedures and instructions laid out in the will.

Frequently, the will appoints an executor whose job it is to oversee the administration of the will.

The executor is typically whoever stands to acquire the most money or property if the will is given effect, since that is the person who likely has the most incentive to do their part in seeing that the probate process plays out to completion.

What if The Will Does Not Name an Executor?

If a will in Madison, Wisconsin is silent as to who should be the executor, it is up to the court to determine who should serve in that capacity.

This is most frequently the person who would inherit most under the will, or under the intestacy scheme of Wisconsin. Intestacy is when a person dies without having made a will, or if a will turns out to be invalid. The intestacy laws of each state control how property is distributed in such a situation. In most states, it simply goes to the closest living relative.

If no executor is named in the will, anyone with a share in the will can apply to the court in Madison, Wisconsin to be the executor of the estate, if they wish.

Once an executor is finally named, he or she becomes responsible for serving as the living embodiment of the estate, utilizing all legal means to protect the estate's interests (such as mounting plausible legal defenses against creditors).

Can a Madison, Wisconsin Estate Administration Attorney Help?

If you find yourself named in a will as executor of an estate, and aren't sure how to meet your responsibilities, or where to begin, it would be a good idea to consult with an efficient Madison, Wisconsin lawyer who can help you navigate this sometimes-convoluted process.

Talk to a Wills, Trusts & Estates Law Attorney now!

Life in Madison

Madison, Wisconsin is the capital of the state of Wisconsin. It is also the county seat of Dane County. It has a population of over 235,000 people, making it the second-largest city in Wisconsin.

Madison is known for being a classic example of the "college town" - with a laid-back atmosphere, large numbers of restaurants and bars, andindependent retailers,most of which cater to the student demographic. The presence of University of Wisconsin, Madison also means that the population ofMadison, at least during the school year, tends to be fairly young, on average, giving the city a very vibrant and diverse feel.

The largest employers in Madison are the Wisconsin state government, as well as the university.These twosectors provide relatively stable employment, pay reasonably well, and tend to provide good benefits. Together, they makeup a solid economic base forMadison.

In the last decade, Forbes Magazine has consistently ranked Madisonas one of the best places to live in the United States. It is also ranked among the healthiest cities in the United States by various health magazines.

Thanks to its fairly vibrant economy, and unique culture, Madison, Wisconsin has a robust legal community. Madison, Wisconsin lawyers are diverse and well-educated, partially owing to the fact that UW Madison has a very well-regarded law school.A Madison, Wisconsin lawyer can probably help you with almost any legal issue you might face.

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