863.39 Escheats.
141 words·~1 min read·
/wi/chapter-863/863-39-2A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
863.39 Escheats.
(1)Generally. If any legacy or intestate property is not claimed by the distributee within 120 days after entry of final judgment, or within the time designated in the judgment, it shall be converted into money as close to the inventory value as possible and paid to the administrator, as defined in s. 177.01
(1), for deposit as provided under s. 177.0801 . Claims for the money shall be made under sub.
(3).
(2)Foreign distributee. If notice is given to a distributee domiciled in a foreign country under s. 879.03 and the distributee is not heard from within 120 days after entry of final judgment of distribution, or within a longer time designated in the judgment, the property which the distributee would take shall not escheat, but shall descend as intestate property.
(3)Recovery of money.