Wisconsin Retail Theft Differences
Summary
In Wisconsin, retail theft is classified as a misdemeanor if the stolen propertys value is under $500, with penalties up to 9 months in jail and/or a $10,000 fine. Felony retail theft involves property valued at $500 or more, with penalties increasing based on the value. For estates under $50,000, Wisconsin offers a simplified probate process, allowing the use of a Transfer by Affidavit for assets under $5,000. This process is less formal and quicker, requiring fewer court proceedings. To submit a Transfer by Affidavit, complete the form, have it notarized, and present it to the institution holding the assets.Full Conversation
The difference between misdemeanor retail theft and felony retail theft
In Wisconsin, the difference between misdemeanor and felony retail theft mainly depends on the value of the stolen property and other factors:
- Misdemeanor Retail Theft:
- Value of stolen property is less than $*.
- Penalty: Up to 9 months in jail and/or up to $*,* fine.
- Felony Retail Theft:
- Value of stolen property is $* or more.
- Penalty varies by the value:
- $*-$*,*: Class I felony, up to *.5 years in prison.
- $*,*-$*,*: Class H felony, up to 6 years in prison.
- Over $*,*: Class G felony, up to 10 years in prison.
Do you need more details on penalties or legal defenses?
- Misdemeanor Retail Theft:
- Value of stolen property is less than $*.
- Penalty: Up to 9 months in jail and/or up to $*,* fine.
- Felony Retail Theft:
- Value of stolen property is $* or more.
- Penalty varies by the value:
- $*-$*,*: Class I felony, up to *.5 years in prison.
- $*,*-$*,*: Class H felony, up to 6 years in prison.
- Over $*,*: Class G felony, up to 10 years in prison.
Do you need more details on penalties or legal defenses?
Okay i have another question completely unrelated
Sure, feel free to ask your unrelated question!
Wisconsin law on probate.
In Wisconsin, probate laws govern the process of handling a deceased person’s estate. Here are some key points:
- Probate is required: When someone dies with assets solely in their name.
- Simplified Probate: Available if the estate is valued at $*,* or less.
- Formal Probate: For larger estates or when disputes arise.
- Executor Duties: Include inventorying assets, paying debts, and distributing the remainder to heirs.
Do you have a specific question about probate in Wisconsin?
- Probate is required: When someone dies with assets solely in their name.
- Simplified Probate: Available if the estate is valued at $*,* or less.
- Formal Probate: For larger estates or when disputes arise.
- Executor Duties: Include inventorying assets, paying debts, and distributing the remainder to heirs.
Do you have a specific question about probate in Wisconsin?
My brother recently passed. He has less than $* in assets. Do we need to take it to probate
In Wisconsin, if an estate is valued at less than $*,*, you can use a simplified probate procedure.
- With assets under $*,*, you might be able to use a "Transfer by Affidavit" to handle the estate without formal probate.
Do you need help with the affidavit process or have other questions?
- With assets under $*,*, you might be able to use a "Transfer by Affidavit" to handle the estate without formal probate.
Do you need help with the affidavit process or have other questions?
What is simplified probate?
Simplified probate in Wisconsin is a streamlined process for handling smaller estates. Here are key points:
- Eligibility: Estate valued at $*,* or less.
- Process: Less formal, quicker, and requires fewer court proceedings.
- Affidavit: For estates under $*,*, "Transfer by Affidavit" can be used to transfer assets.
Would you like details on how to start the simplified probate process?
- Eligibility: Estate valued at $*,* or less.
- Process: Less formal, quicker, and requires fewer court proceedings.
- Affidavit: For estates under $*,*, "Transfer by Affidavit" can be used to transfer assets.
Would you like details on how to start the simplified probate process?
Yes. Details please. As well can you draft me a transfer by affidavit form please?
In Wisconsin, the simplified probate process involves the following steps:
*. Determine Eligibility: Confirm the estate is valued at $*,* or less.
*. Prepare Documentation: Gather necessary documents like the death certificate.
*. Complete Affidavit: Fill out the "Transfer by Affidavit" form.
*. Submit Affidavit: Submit the form and supporting documents to the relevant institution holding the assets.
Below is a sample "Transfer by Affidavit" form for Wisconsin:
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Transfer by Affidavit Form
State of Wisconsin, County of __________
Affidavit for Transfer of Property
I, [Your Name], being duly sworn, state as follows:
*. Decedent Information:
- Name of Decedent: ___________________________
- Date of Death: ___________________________
- Address at Time of Death: ___________________________
*. Affiant Information:
- Name: ___________________________
- Address: ___________________________
- Relationship to Decedent: ___________________________
*. Property Description:
- Description of Assets: ___________________________
- Estimated Value: ___________________________
*. Sworn Statement:
I affirm that:
- The value of the decedent’s estate, excluding the property described above, does not exceed $*,*.
- No application or petition for the appointment of a personal representative is pending or has been granted in any jurisdiction.
- I am entitled to the property as specified above.
Signature: ___________________________
Date: ___________________________
Notary Public:
Subscribed and sworn to before me on this _____ day of __________, 20____.
Notary Signature: ___________________________
My Commission Expires: ___________________________
---
Would you like more information on how to submit this form?
*. Determine Eligibility: Confirm the estate is valued at $*,* or less.
*. Prepare Documentation: Gather necessary documents like the death certificate.
*. Complete Affidavit: Fill out the "Transfer by Affidavit" form.
*. Submit Affidavit: Submit the form and supporting documents to the relevant institution holding the assets.
Below is a sample "Transfer by Affidavit" form for Wisconsin:
---
Transfer by Affidavit Form
State of Wisconsin, County of __________
Affidavit for Transfer of Property
I, [Your Name], being duly sworn, state as follows:
*. Decedent Information:
- Name of Decedent: ___________________________
- Date of Death: ___________________________
- Address at Time of Death: ___________________________
*. Affiant Information:
- Name: ___________________________
- Address: ___________________________
- Relationship to Decedent: ___________________________
*. Property Description:
- Description of Assets: ___________________________
- Estimated Value: ___________________________
*. Sworn Statement:
I affirm that:
- The value of the decedent’s estate, excluding the property described above, does not exceed $*,*.
- No application or petition for the appointment of a personal representative is pending or has been granted in any jurisdiction.
- I am entitled to the property as specified above.
Signature: ___________________________
Date: ___________________________
Notary Public:
Subscribed and sworn to before me on this _____ day of __________, 20____.
Notary Signature: ___________________________
My Commission Expires: ___________________________
---
Would you like more information on how to submit this form?
Can you draft that form in a printable version please?
Sure, here's the "Transfer by Affidavit" form in a printable version for you:
---
Transfer by Affidavit Form
State of Wisconsin, County of __________
Affidavit for Transfer of Property
I, [Your Name], being duly sworn, state as follows:
*. Decedent Information:
- Name of Decedent: ___________________________
- Date of Death: ___________________________
- Address at Time of Death: ___________________________
*. Affiant Information:
- Name: ___________________________
- Address: ___________________________
- Relationship to Decedent: ___________________________
*. Property Description:
- Description of Assets: ___________________________
- Estimated Value: ___________________________
*. Sworn Statement:
I affirm that:
- The value of the decedent’s estate, excluding the property described above, does not exceed $*,*.
- No application or petition for the appointment of a personal representative is pending or has been granted in any jurisdiction.
- I am entitled to the property as specified above.
Signature: ___________________________
Date: ___________________________
Notary Public:
Subscribed and swornto before me on this _____ day of __________, 20____.
Notary Signature: ___________________________
My Commission Expires: ___________________________
---
Would you like more information on how to submit this form?
---
Transfer by Affidavit Form
State of Wisconsin, County of __________
Affidavit for Transfer of Property
I, [Your Name], being duly sworn, state as follows:
*. Decedent Information:
- Name of Decedent: ___________________________
- Date of Death: ___________________________
- Address at Time of Death: ___________________________
*. Affiant Information:
- Name: ___________________________
- Address: ___________________________
- Relationship to Decedent: ___________________________
*. Property Description:
- Description of Assets: ___________________________
- Estimated Value: ___________________________
*. Sworn Statement:
I affirm that:
- The value of the decedent’s estate, excluding the property described above, does not exceed $*,*.
- No application or petition for the appointment of a personal representative is pending or has been granted in any jurisdiction.
- I am entitled to the property as specified above.
Signature: ___________________________
Date: ___________________________
Notary Public:
Subscribed and swornto before me on this _____ day of __________, 20____.
Notary Signature: ___________________________
My Commission Expires: ___________________________
---
Would you like more information on how to submit this form?
Yes
To submit the "Transfer by Affidavit" form in Wisconsin, follow these steps:
*. Complete the Form: Fill out all sections of the affidavit accurately.
*. Notarize the Form: Sign the form in front of a notary public.
*. Submit to Institution: Present the notarized affidavit to the institution holding the assets.
Do you need help finding a notary public or have other questions?
*. Complete the Form: Fill out all sections of the affidavit accurately.
*. Notarize the Form: Sign the form in front of a notary public.
*. Submit to Institution: Present the notarized affidavit to the institution holding the assets.
Do you need help finding a notary public or have other questions?