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10Statutory terminable marital
11Property classification agreement
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(Pursuant to Section 766.588, Wisconsin Statutes)
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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.
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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.
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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.
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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".
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Signature of One Spouse: ....
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Print Name Here: ....
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Residence Address: ....
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(Make Sure Your Signature is Authenticated or Acknowledged Below.)
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15Authentication
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Signature .... authenticated this .... day of ...., .... (year)
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TITLE: MEMBER STATE BAR OF WISCONSIN
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(If not, .... authorized by s. 706.06, Wis. Stats.)
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20Acknowledgment
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STATE OF WISCONSIN )
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.... County )
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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.
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Notary Public ...., .... County, Wisconsin.
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My Commission is permanent.
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(If not, state expiration date: ...., .... (year))
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(Signatures may be authenticated or
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acknowledged. Both are not necessary.)
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*Names of persons signing in any capacity should be
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typed or printed below their signatures.
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Signature of Other Spouse: ....
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Print Name Here: ....
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Residence Address: ....
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(Make Sure Your Signature is Authenticated or Acknowledged Below.)
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17Authentication
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Signature .... authenticated this .... day of ...., .... (year)
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TITLE: MEMBER STATE BAR OF WISCONSIN
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(If not, .... authorized by s. 706.06, Wis. Stats.)
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22Acknowledgment
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STATE OF WISCONSIN )
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.... County )
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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.
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Notary Public ...., .... County, Wisconsin.
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My Commission is permanent.
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(If not, state expiration date: ...., .... (year))
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(Signatures may be authenticated or
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acknowledged. Both are not necessary.)
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*Names of persons signing in any capacity should be
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typed or printed below their signatures.
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12Termination of statutory terminable
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13marital property classification agreement
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I UNDERSTAND THAT:
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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.
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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.
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3. IN GENERAL, THIS TERMINATION IS NOT BINDING ON CREDITORS
24UNLESS THEY ARE PROVIDED A COPY OF THE TERMINATION BEFORE
25CREDIT IS EXTENDED.
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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.
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Signature: ....
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Print Name Here: ....
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Residence Address: ....
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9Financial Disclosure
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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.
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14Husband Name of One Spouse Wife Name of Other Spouse Both Names
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A. Real estate (gross value)
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B. Stocks, bonds and mutual funds
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C. Accounts at and certificates or
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19 other instruments issued by
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20 financial institutions
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D. Mortgages, land contracts,
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22 promissory notes and cash
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E. Partnership interests
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EL. Limited liability company interests.
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F. Trust interests
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1G. Livestock, farm products, crops
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H. Automobiles and other vehicles
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I. Jewelry and personal effects
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J. Household furnishings
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K. Life insurance and annuities:
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6 1. Face value
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7 2. Cash surrender value
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L. Retirement benefits (include value):
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9 1. Pension plans
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2. Profit sharing plans
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3. HR-10 KEOGH plans
