AB992,26,1313 NOTICE TO PERSONS WHO SIGN THIS AGREEMENT:
AB992,27,614 1. A PROPERTY LAW KNOWN AS THE MARITAL PROPERTY SYSTEM
15GOVERNS THE PROPERTY RIGHTS OF MARRIED PERSONS IN WISCONSIN.
16AFTER THE MARITAL PROPERTY SYSTEM APPLIES TO A MARRIED
17COUPLE, EACH SPOUSE HAS AN UNDIVIDED ONE-HALF OWNERSHIP
18INTEREST IN PROPERTY, SUCH AS WAGES, DEFERRED EMPLOYMENT
19BENEFITS, LIFE INSURANCE, INCOME FROM PROPERTY AND CERTAIN
20APPRECIATION OF PROPERTY, THEREAFTER ACQUIRED DURING
21MARRIAGE DUE TO THE EFFORTS OF EITHER OR BOTH SPOUSES.
22PROPERTY WHICH IS BROUGHT TO THE MARRIAGE AND PROPERTY
23WHICH IS ACQUIRED BY ONE SPOUSE DURING THE MARRIAGE BY GIFT OR
24INHERITANCE IS NOT MARITAL PROPERTY BUT IS SOLELY OWNED BY THE
25ACQUIRING SPOUSE. THIS AGREEMENT ALTERS THE LAW GOVERNING

1YOUR PROPERTY RIGHTS. THE PURPOSE OF THE FOLLOWING
2INFORMATION IS TO APPRISE YOU, IN VERY GENERAL TERMS, OF SOME
3OF THE MORE IMPORTANT ASPECTS AND POSSIBLE EFFECTS OF THIS
4AGREEMENT. THE INFORMATION IS NOT INTENDED TO BE A PRECISE OR
5COMPLETE RECITATION OF THE LAW APPLICABLE TO THIS AGREEMENT
6AND IS NOT A SUBSTITUTE FOR LEGAL ADVICE.
AB992,27,117 2. BY ENTERING INTO THIS AGREEMENT, YOU HAVE AGREED TO
8RELINQUISH YOUR RIGHTS TO A SOLE OWNERSHIP INTEREST IN YOUR
9SOLELY OWNED PROPERTY; HOWEVER, YOU ARE ACQUIRING
10AUTOMATIC, EQUAL OWNERSHIP RIGHTS, WITH YOUR SPOUSE, TO ALL
11PROPERTY THAT YOU AND YOUR SPOUSE OWN OR ACQUIRE.
AB992,27,1212 3. THIS AGREEMENT MAY AFFECT:
AB992,27,1413 A. YOUR ACCESS TO CREDIT AND THE PROPERTY AVAILABLE TO
14SATISFY OBLIGATIONS INCURRED BY YOU OR YOUR SPOUSE.
AB992,27,1615 B. THE ACCUMULATION OF AND THE MANAGEMENT AND CONTROL
16OF PROPERTY BY YOU DURING YOUR MARRIAGE.
AB992,27,1817 C. THE AMOUNT OF PROPERTY YOU HAVE TO DISPOSE OF AT YOUR
18DEATH.
AB992,27,1919 D. YOUR TAXES.
AB992,27,2120 E. ANY PREVIOUS MARRIAGE AGREEMENT ENTERED INTO BY YOU
21AND YOUR SPOUSE.
AB992,27,2222 4. THIS AGREEMENT DOES NOT:
AB992,27,2323 A. AFFECT RIGHTS AT DIVORCE.
AB992,27,2524 B. ALTER THE LEGAL DUTY OF SUPPORT THAT SPOUSES HAVE TO
25EACH OTHER OR THAT A SPOUSE HAS TO HIS OR HER CHILDREN.
AB992,28,4
1C. BY ITSELF PROVIDE THAT, UPON YOUR DEATH, YOUR MARITAL
2PROPERTY PASSES TO YOUR SURVIVING SPOUSE. IF THAT IS WHAT YOU
3INTEND, YOU ARE ENCOURAGED TO SEEK LEGAL ADVICE TO DETERMINE
4WHAT MUST BE DONE TO ACCOMPLISH THAT RESULT.
AB992,28,105 5. IN GENERAL, THIS AGREEMENT IS NOT BINDING ON CREDITORS
6UNLESS THE CREDITOR IS FURNISHED A COPY OF THE AGREEMENT
7BEFORE CREDIT IS EXTENDED. (It is not necessary to furnish a copy of the
8financial disclosure form.) IN ADDITION, THIRD PARTIES OTHER THAN
9CREDITORS MIGHT NOT BE BOUND BY THIS AGREEMENT UNLESS THEY
10HAVE ACTUAL KNOWLEDGE OF THE TERMS OF THE AGREEMENT.
AB992,28,1511 6. IF YOU WISH TO AFFECT AN INTEREST IN YOUR REAL PROPERTY
12WITH THIS AGREEMENT, PARTICULARLY IN RELATION TO THIRD PARTIES,
13ADDITIONAL LEGAL PROCEDURES AND FORMALITIES MAY BE REQUIRED.
14IF YOU HAVE QUESTIONS REGARDING THE EFFECT OF THIS AGREEMENT
15ON YOUR REAL PROPERTY, YOU ARE URGED TO SEEK LEGAL ADVICE.
AB992,29,716 7. IF YOU DO NOT COMPLETE SCHEDULE "A", "FINANCIAL
17DISCLOSURE", AND THE AGREEMENT BECOMES EFFECTIVE, THE
18AGREEMENT TERMINATES 3 YEARS AFTER THE DATE THAT YOU BOTH
19HAVE SIGNED THE AGREEMENT AND YOU MAY NOT, EXECUTE A
20SUBSEQUENT STATUTORY TERMINABLE MARITAL PROPERTY
21CLASSIFICATION AGREEMENT WITH THE SAME SPOUSE DURING THE
22SAME MARRIAGE UNLESS YOU COMPLETE THE FINANCIAL DISCLOSURE
23FORM. IF YOU INTEND THAT THIS AGREEMENT EXTEND BEYOND 3 YEARS,
24EACH OF YOU, BEFORE SIGNING THE AGREEMENT, MUST DISCLOSE TO
25THE OTHER YOUR EXISTING PROPERTY AND YOUR EXISTING FINANCIAL

1OBLIGATIONS, BY COMPLETING SCHEDULE "A", "FINANCIAL
2DISCLOSURE". IF SCHEDULE "A" HAS BEEN FILLED OUT BUT, IN A LEGAL
3ACTION AGAINST YOU TO ENFORCE THE AGREEMENT, YOU SHOW THAT
4THE INFORMATION ON SCHEDULE "A" DID NOT PROVIDE YOU WITH FAIR
5AND REASONABLE DISCLOSURE UNDER THE CIRCUMSTANCES, THE
6DURATION OF THE AGREEMENT IS 3 YEARS AFTER BOTH PARTIES SIGNED
7THE AGREEMENT.
AB992,29,108 8. ONE SPOUSE MAY TERMINATE THIS AGREEMENT AT ANY TIME BY
9GIVING SIGNED NOTICE OF TERMINATION TO THE OTHER SPOUSE. THE
10AGREEMENT TERMINATES 30 DAYS AFTER NOTICE IS GIVEN.
AB992,29,1311 9. TERMINATION OF THIS AGREEMENT DOES NOT BY ITSELF
12CHANGE THE CLASSIFICATION OF PROPERTY CLASSIFIED BY THE
13AGREEMENT.
AB992,29,1514 10. THIS AGREEMENT MAY BE AMENDED, REVOKED OR
15SUPPLEMENTED BY A LATER MARITAL PROPERTY AGREEMENT.
AB992,29,2516 11. BOTH PARTIES MUST SIGN THIS AGREEMENT AND THE
17SIGNATURES MUST BE AUTHENTICATED BY OR ACKNOWLEDGED
18BEFORE A NOTARY. THE AGREEMENT BECOMES EFFECTIVE ON THE DATE
19THAT YOU HAVE BOTH SIGNED IT, THE DATE THAT YOU MARRY, OR THE
20DATE ON WHICH YOU ARE BOTH DOMICILED IN WISCONSIN, WHICHEVER
21IS LATER. IF YOU ALTER THE LANGUAGE OF THE AGREEMENT ON THIS
22FORM THE AGREEMENT WILL NOT CONSTITUTE A STATUTORY
23TERMINABLE MARITAL PROPERTY CLASSIFICATION AGREEMENT (BUT IT
24MAY QUALIFY AS A GENERAL MARITAL PROPERTY AGREEMENT UNDER
25SECTION 766.58, WISCONSIN STATUTES).
AB992,30,5
112. EACH SPOUSE SHOULD RETAIN A COPY OF THIS AGREEMENT,
2INCLUDING ANY DISCLOSURE OF PROPERTY AND OBLIGATIONS, WHILE
3THE AGREEMENT IS IN EFFECT AND AFTER IT TERMINATES. RETENTION
4OF A COPY MAY BE IMPORTANT TO PROTECT INTERESTS ACQUIRED
5UNDER OR AFFECTED BY THE AGREEMENT.
AB992,30,96 13. IF AFTER ENTERING INTO THIS AGREEMENT ONE OR BOTH OF
7YOU ESTABLISH A DOMICILE OUTSIDE THIS STATE, YOU ARE URGED TO
8SEEK LEGAL ADVICE CONCERNING THE CONTINUED EFFECTIVENESS OF
9THIS AGREEMENT.
AB992,30,11 10Statutory terminable marital
11Property classification agreement
AB992,30,1212 (Pursuant to Section 766.588, Wisconsin Statutes)
AB992,30,1613 This agreement is entered into by .... and .... (husband and wife spouses) (who
14intend to marry) (strike one). The parties hereby classify all of the property owned
15by them when this agreement becomes effective, and property acquired during the
16term of this agreement, as marital property.
AB992,30,2017 One spouse may terminate this agreement at any time by giving signed notice
18of termination to the other spouse. Notice of termination by a spouse is given upon
19personal delivery or when sent by certified mail to the other spouse's last-known
20address. The agreement terminates 30 days after such notice is given.
AB992,30,2521 The parties (have) (have not) (strike one) completed Schedule "A", "Financial
22Disclosure", attached to this agreement. If Schedule "A" has not been completed, the
23duration of this agreement is 3 years after both parties have signed the agreement.
24If Schedule "A" has been completed, the duration of this agreement is not limited to
253 years after it is signed.
AB992,31,9
1IF THE DURATION OF THIS AGREEMENT IS NOT TO BE LIMITED TO 3
2YEARS, MAKE SURE SCHEDULE "A", "FINANCIAL DISCLOSURE", IS
3COMPLETED AND THAT YOU HAVE REVIEWED THE SCHEDULE BEFORE
4SIGNING THE AGREEMENT. IF YOU AND YOUR SPOUSE HAVE PREVIOUSLY
5ENTERED INTO A STATUTORY TERMINABLE MARITAL PROPERTY
6CLASSIFICATION AGREEMENT WITH EACH OTHER WHICH WAS
7EFFECTIVE DURING YOUR PRESENT MARRIAGE AND YOU AND YOUR
8SPOUSE DID NOT COMPLETE SCHEDULE "A", YOU MAY NOT EXECUTE THIS
9AGREEMENT IF YOU DO NOT COMPLETE SCHEDULE "A".
AB992,31,1010 Signature of One Spouse: ....
AB992,31,1111 Date: ....
AB992,31,1212 Print Name Here: ....
AB992,31,1313 Residence Address: ....
AB992,31,1414 (Make Sure Your Signature is Authenticated or Acknowledged Below.)
AB992,31,15 15Authentication
AB992,31,1616 Signature .... authenticated this .... day of ...., .... (year)
AB992,31,1717 *....
AB992,31,1818 TITLE: MEMBER STATE BAR OF WISCONSIN
AB992,31,1919 (If not, .... authorized by s. 706.06, Wis. Stats.)
AB992,31,20 20Acknowledgment
AB992,31,2121 STATE OF WISCONSIN )
AB992,31,2222 ) ss.
AB992,31,2323 .... County )
AB992,32,3
1Personally came before me this .... day of ...., .... (year) the above named .... to
2me known to be the person who executed the foregoing instrument and acknowledge
3the same.
AB992,32,44 *....
AB992,32,55 Notary Public ...., .... County, Wisconsin.
AB992,32,66 My Commission is permanent.
AB992,32,77 (If not, state expiration date: ...., .... (year))
AB992,32,88 (Signatures may be authenticated or
AB992,32,99 acknowledged. Both are not necessary.)
AB992,32,1010 *Names of persons signing in any capacity should be
AB992,32,1111 typed or printed below their signatures.
AB992,32,1212 Signature of Other Spouse: ....
AB992,32,1313 Date: ....
AB992,32,1414 Print Name Here: ....
AB992,32,1515 Residence Address: ....
AB992,32,1616 (Make Sure Your Signature is Authenticated or Acknowledged Below.)
AB992,32,17 17Authentication
AB992,32,1818 Signature .... authenticated this .... day of ...., .... (year)
AB992,32,1919 *....
AB992,32,2020 TITLE: MEMBER STATE BAR OF WISCONSIN
AB992,32,2121 (If not, .... authorized by s. 706.06, Wis. Stats.)
AB992,32,22 22Acknowledgment
AB992,32,2323 STATE OF WISCONSIN )
AB992,32,2424 ) ss.
AB992,32,2525 .... County )
AB992,33,3
1Personally came before me this .... day of ...., .... (year) the above named .... to
2me known to be the person who executed the foregoing instrument and acknowledge
3the same.
AB992,33,44 *....
AB992,33,55 Notary Public ...., .... County, Wisconsin.
AB992,33,66 My Commission is permanent.
AB992,33,77 (If not, state expiration date: ...., .... (year))
AB992,33,88 (Signatures may be authenticated or
AB992,33,99 acknowledged. Both are not necessary.)
AB992,33,1010 *Names of persons signing in any capacity should be
AB992,33,1111 typed or printed below their signatures.
AB992,33,12 12Termination of statutory terminable
AB992,33,13 13marital property classification agreement
AB992,33,1414 I UNDERSTAND THAT:
AB992,33,1715 1. THIS TERMINATION TAKES EFFECT 30 DAYS AFTER MY SPOUSE IS
16NOTIFIED OF THE TERMINATION, AS PROVIDED UNDER SECTION 766.588
17(4) OF THE WISCONSIN STATUTES.
AB992,33,2218 2. THIS TERMINATION IS PROSPECTIVE; IT DOES NOT AFFECT THE
19CLASSIFICATION OF PROPERTY ACQUIRED BEFORE THE TERMINATION
20BECOMES EFFECTIVE. PROPERTY ACQUIRED AFTER THE TERMINATION
21BECOMES EFFECTIVE IS CLASSIFIED AS PROVIDED UNDER THE MARITAL
22PROPERTY LAW.
AB992,33,2523 3. IN GENERAL, THIS TERMINATION IS NOT BINDING ON CREDITORS
24UNLESS THEY ARE PROVIDED A COPY OF THE TERMINATION BEFORE
25CREDIT IS EXTENDED.
AB992,34,3
1The undersigned terminates the statutory terminable marital property
2classification agreement entered into by me and my spouse on .... (date last spouse
3signed the agreement) under section 766.588 of the Wisconsin Statutes.
AB992,34,44 Signature: ....
AB992,34,55 Date: ....
AB992,34,66 Print Name Here: ....
AB992,34,77 Residence Address: ....
AB992,34,8 8Schedule "a"
AB992,34,9 9Financial Disclosure
AB992,34,1310 The following general categories of assets and liabilities are not all inclusive
11and if other assets or liabilities exist they should be listed. Assets should be listed
12according to which spouse has title (including assets owned by a spouse or the
13spouses with one or more third parties) and at their approximate market value.
AB992,34,14 14Husband Name of One Spouse Wife Name of Other Spouse Both Names
Loading...
Loading...