Wisconsin § 54.22 - Petition for authority to sell, mortgage, pledge, lease, or exchange ward’s property.

§ 54.22. Petition for authority to sell, mortgage, pledge, lease, or exchange ward’s property.

Notwithstanding s. 54.20 (3) (g) , (h) , and (i) , a person interested in the estate of a ward may petition the court to require the guardian to sell, mortgage, pledge, lease, or exchange any asset of the estate of the ward. Following the petition and upon any notice and hearing that the court requires, the court may so order, subject to ch. 786 , for the purpose of paying the ward’s debts, providing for the ward’s care, maintenance, and education and the care, maintenance, and education of the ward’s dependents, investing the proceeds, or for any other purpose that is in the best interest of the ward. 54.22 History History: 2005 a. 387 s. 400 . 54.22 Annotation Transfer of a disabled ward’s property to a newly-established “Medicaid Payback Trust” was in the ward’s best interest and authorized by ss. 49.454 (4) and 880.19 (5) (b) [now this section]. Marjorie A.G. v. Dodge County Department of Human Services, 2003 WI App 52 , 261 Wis. 2d 679 , 659 N.W.2d 438 , 02-1121 . 54.22 Note NOTE: The above annotation relates to guardianships under former ch. 880, 2003 stats., prior to the revision of and renumbering of that chapter to this chapter by 2005 Wis. Act 387 .