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Wisconsin Estate and Trustee Accounting Formats

Form PR-1814 estate account (Wis. Stat. ch. 862) and Wis. Stat. §701.0813 trustee report

What the Account Has to Contain

Estate account (Form PR-1814)

  • Summary: inventory value or prior balance, receipts, gains, disbursements, distributions, losses, and assets on hand.
  • Schedule A, receipts.
  • Schedule B, gains and losses on sale.
  • Schedule C, disbursements.
  • Schedule D, distributions.
  • Schedule E, assets on hand at close.

Trustee report (Wis. Stat. §701.0813)

  • A, trust property at beginning of the period.
  • B, receipts, including sales of trust property.
  • C, disbursements.
  • D, trustee compensation, source and amount.
  • E, distributions to beneficiaries.
  • F, trust property at end of the period, with market values and liabilities.
  • G, reconciliation.

Estate Account (Form PR-1814)

Figures are fictitious and illustrative. This is a sample of the deliverable, not legal advice.

STATE OF WISCONSIN, CIRCUIT COURT

[COUNTY] COUNTY

IN THE MATTER OF THE ESTATE OF: Sample, John Q.

ESTATE ACCOUNT (Form PR-1814 structure)

Accounting Period: January 1, 2025 through December 31, 2025

Format: Wisconsin Court System Form PR-1814: Estate Account (Informal and Formal Administration), Wis. Stat. §§862.01, 862.05, 862.07, 862.11, 865.16(1)(c). The official form "shall not be modified" but "may be supplemented"; this exhibit supplies the supporting schedules the form requires. Amounts are illustrative sample data.

SUMMARY (PR-1814 page 1)

Amount
1. Inventory value of assets (or balance from prior account)$1,010,650.00
2. Receipts (Schedule A)$35,055.50
3. Gains on sale (Schedule B)$1,250.00
4. Total to be accounted for$1,046,955.50
5. Disbursements (Schedule C)$28,885.00
6. Distributions to beneficiaries (Schedule D)$30,000.00
7. Losses on sale$0.00
8. Assets on hand at close (Schedule E)$988,070.50
9. Total accounted for$1,046,955.50

SCHEDULE A – Receipts

DateSourceNature / PurposeAmount
01/01/2025Tenant – 123 Sample LnRent – January$2,000.00
01/15/2025Sample SecuritiesDividends – Q4 2024 (various)$2,460.00
02/01/2025Tenant – 123 Sample LnRent – February$2,000.00
03/01/2025Tenant – 123 Sample LnRent – March$2,000.00
04/01/2025Tenant – 123 Sample LnRent – April$2,000.00
04/15/2025Sample SecuritiesDividends – Q1 2025 (various)$2,460.00
05/01/2025Tenant – 123 Sample LnRent – May$2,000.00
06/01/2025Tenant – 123 Sample LnRent – June$2,000.00
06/30/2025First Sample BankInterest – Jan–Jun$607.75
07/01/2025Tenant – 123 Sample LnRent – July$2,000.00
07/15/2025Sample SecuritiesDividends – Q2 2025 (various)$2,460.00
08/01/2025Tenant – 123 Sample LnRent – August$2,000.00
09/01/2025Tenant – 123 Sample LnRent – September$2,000.00
10/01/2025Tenant – 123 Sample LnRent – October$2,000.00
10/15/2025Sample SecuritiesDividends – Q3 2025 (various)$2,460.00
11/01/2025Tenant – 123 Sample LnRent – November$2,000.00
12/01/2025Tenant – 123 Sample LnRent – December$2,000.00
12/31/2025First Sample BankInterest – Jul–Dec$607.75
Total Receipts$35,055.50

SCHEDULE B – Gains / Losses on Sale

DateAsset SoldCarry ValueProceedsGain / (Loss)
09/12/2025200 sh XYZ Corp$8,400.00$9,650.00$1,250.00
Net Gain on Sale$1,250.00

SCHEDULE C – Disbursements

DatePayeeNature / PurposeAmount
03/10/2025Anytown Property MgmtRepairs – roof leak, 123 Sample Ln$3,675.00
04/10/2025Anytown County Tax CollectorProperty tax – 1st installment$3,910.00
04/15/2025Franchise Tax / IRSFiduciary income tax – 2024$1,950.00
05/20/2025Sample Mutual InsuranceHomeowner's insurance – annual$2,140.00
06/30/2025Jane Q. SampleTrustee compensation – 1st half (per trust §7.2)$3,000.00
08/05/2025Doe & Roe LLPAttorney fees – trust administration$4,500.00
11/15/2025Autonomi BooksAccounting & bookkeeping services$2,800.00
12/10/2025Anytown County Tax CollectorProperty tax – 2nd installment$3,910.00
12/31/2025Jane Q. SampleTrustee compensation – 2nd half (per trust §7.2)$3,000.00
Total Disbursements$28,885.00

SCHEDULE D – Distributions to Beneficiaries

DateBeneficiaryDescriptionAmount (at carry value)
06/30/2025Beneficiary A (Sample, Robert)Discretionary distribution – cash$15,000.00
06/30/2025Beneficiary B (Sample, Maria)Discretionary distribution – cash$15,000.00
Total Distributions$30,000.00

SCHEDULE E – Assets on Hand at Close

Description of AssetInventory / Carry ValueEst. Current Value
Checking – First Sample Bank (…4417)$34,070.50$34,070.50
Brokerage – Sample Securities (…8821)$304,000.00$338,750.00
Residence – 123 Sample Lane, Anytown$650,000.00$728,000.00
Total$988,070.50$1,100,820.50

Liabilities at Close of Period

CreditorDescriptionAmount
Anytown County Tax CollectorProperty tax accrued (due 04/2026)$3,910.00

Verification

I, Jane Q. Sample, declare under penalty of perjury that I am the Personal Representative of The Sample Family Revocable Trust dated March 15, 2011; that I have read the foregoing account and the schedules attached; and that the same is true and correct to the best of my knowledge.

Dated: ____________________ ______________________________________

Jane Q. Sample, Successor Trustee

Trustee's Report and Accounting

Figures are fictitious and illustrative. This is a sample of the deliverable, not legal advice.

STATE OF WISCONSIN, CIRCUIT COURT

[COUNTY] COUNTY

In the Matter of The Sample Family Revocable Trust dated March 15, 2011

TRUSTEE'S REPORT AND ACCOUNTING

Accounting Period: January 1, 2025 through December 31, 2025

Format: Wis. Stat. §701.0813(3) (Uniform Trust Code §813: trustee's report: trust property, liabilities, receipts, and disbursements, including source and amount of trustee compensation; listing of trust assets with market values if feasible). Note: Form PR-1814 is the estate-account form and is not used for trust reports. Amounts are illustrative sample data.

A. TRUST PROPERTY AT BEGINNING OF PERIOD

Description of AssetCarry ValueMarket Value 01/01/2025
Checking – First Sample Bank (…4417)$48,250.00$48,250.00
Brokerage – Sample Securities (…8821)$312,400.00$341,900.00
Residence – 123 Sample Lane, Anytown$650,000.00$715,000.00
Total$1,010,650.00$1,105,150.00

B. RECEIPTS

DateSourceNature / PurposeAmount
01/01/2025Tenant – 123 Sample LnRent – January$2,000.00
01/15/2025Sample SecuritiesDividends – Q4 2024 (various)$2,460.00
02/01/2025Tenant – 123 Sample LnRent – February$2,000.00
03/01/2025Tenant – 123 Sample LnRent – March$2,000.00
04/01/2025Tenant – 123 Sample LnRent – April$2,000.00
04/15/2025Sample SecuritiesDividends – Q1 2025 (various)$2,460.00
05/01/2025Tenant – 123 Sample LnRent – May$2,000.00
06/01/2025Tenant – 123 Sample LnRent – June$2,000.00
06/30/2025First Sample BankInterest – Jan–Jun$607.75
07/01/2025Tenant – 123 Sample LnRent – July$2,000.00
07/15/2025Sample SecuritiesDividends – Q2 2025 (various)$2,460.00
08/01/2025Tenant – 123 Sample LnRent – August$2,000.00
09/01/2025Tenant – 123 Sample LnRent – September$2,000.00
10/01/2025Tenant – 123 Sample LnRent – October$2,000.00
10/15/2025Sample SecuritiesDividends – Q3 2025 (various)$2,460.00
11/01/2025Tenant – 123 Sample LnRent – November$2,000.00
12/01/2025Tenant – 123 Sample LnRent – December$2,000.00
12/31/2025First Sample BankInterest – Jul–Dec$607.75
Total Receipts$35,055.50

B-1. SALES OF TRUST PROPERTY

DateAsset SoldCarry ValueProceedsGain / (Loss)
09/12/2025200 sh XYZ Corp$8,400.00$9,650.00$1,250.00
Net Gain on Sale$1,250.00

C. DISBURSEMENTS

DatePayeeNature / PurposeAmount
INCOME DISBURSEMENTS
03/10/2025Anytown Property MgmtRepairs – roof leak, 123 Sample Ln$3,675.00
04/15/2025Franchise Tax / IRSFiduciary income tax – 2024$1,950.00
06/30/2025Jane Q. SampleTrustee compensation – 1st half (per trust §7.2)$3,000.00
12/31/2025Jane Q. SampleTrustee compensation – 2nd half (per trust §7.2)$3,000.00
Subtotal – Income$11,625.00
PRINCIPAL DISBURSEMENTS
04/10/2025Anytown County Tax CollectorProperty tax – 1st installment$3,910.00
05/20/2025Sample Mutual InsuranceHomeowner's insurance – annual$2,140.00
08/05/2025Doe & Roe LLPAttorney fees – trust administration$4,500.00
11/15/2025Autonomi BooksAccounting & bookkeeping services$2,800.00
12/10/2025Anytown County Tax CollectorProperty tax – 2nd installment$3,910.00
Subtotal – Principal$17,260.00
Total Disbursements$28,885.00

D. TRUSTEE COMPENSATION: Source and Amount (§701.0813(3))

DatePaid ToBasis / SourceAmount
06/30/2025Jane Q. SampleTrustee compensation – 1st half (per trust §7.2): charged to income$3,000.00
12/31/2025Jane Q. SampleTrustee compensation – 2nd half (per trust §7.2): charged to income$3,000.00
Total Trustee Compensation$6,000.00

E. DISTRIBUTIONS TO BENEFICIARIES

DateBeneficiaryDescriptionAmount (at carry value)
06/30/2025Beneficiary A (Sample, Robert)Discretionary distribution – cash$15,000.00
06/30/2025Beneficiary B (Sample, Maria)Discretionary distribution – cash$15,000.00
Total Distributions$30,000.00

F. TRUST PROPERTY AT END OF PERIOD: Listing with Market Values

Description of AssetCarry ValueMarket Value 12/31/2025
Checking – First Sample Bank (…4417)$34,070.50$34,070.50
Brokerage – Sample Securities (…8821)$304,000.00$338,750.00
Residence – 123 Sample Lane, Anytown$650,000.00$728,000.00
Total$988,070.50$1,100,820.50

Liabilities at Close of Period

CreditorDescriptionAmount
Anytown County Tax CollectorProperty tax accrued (due 04/2026)$3,910.00

G. RECONCILIATION

Amount
Trust property at beginning (carry)$1,010,650.00
Add: receipts$35,055.50
Add: gain on sale$1,250.00
Less: disbursements($28,885.00)
Less: distributions($30,000.00)
Trust property at end (carry)$988,070.50

Verification

I, Jane Q. Sample, declare under penalty of perjury that I am the Trustee of The Sample Family Revocable Trust dated March 15, 2011; that I have read the foregoing account and the schedules attached; and that the same is true and correct to the best of my knowledge.

Dated: ____________________ ______________________________________

Jane Q. Sample, Successor Trustee

Reviewed and signed off by Jade Wang, CPA.

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