CHAPTER 766
PROPERTY RIGHTS OF MARRIED PERSONS; MARITAL PROPERTY
766.001 Liberal construction; intent.
766.15 Responsibility between spouses.
766.17 Variation by marital property agreement.
766.31 Classification of property of spouses.
766.51 Management and control of property of spouses.
766.53 Gifts of marital property to 3rd persons.
766.55 Obligations of spouses.
766.555 Obligations of spouses under open-end plans.
766.56 Credit transactions with married persons.
766.565 Relationship to consumer act.
766.57 Protection of bona fide purchasers dealing with spouses.
766.575 Protection of trustees dealing with spouses.
766.58 Marital property agreements.
766.585 Marital property agreements before determination date.
766.587 Statutory individual property classification agreement.
766.588 Statutory terminable marital property classification agreement.
766.589 Statutory terminable individual property classification agreement.
766.59 Unilateral statement; income from nonmarital property.
766.60 Optional forms of holding property; survivorship ownership.
766.605 Classification of homestead.
766.61 Classification of life insurance policies and proceeds.
766.62 Classification of deferred employment benefits.
766.73 Invalid marriages.
766.75 Treatment of certain property at dissolution.
766.95 Rules of construction.
766.96 Uniformity of application and construction.
766.97 Equal rights; common law disabilities.
Ch. 766 Note
NOTE: Chapter 766 was created by
1983 Wis. Act 186 and affected by
1985 Wis. Act 37. Act 37 contains a prefatory note and notes following most of the sections affected by the act. These notes are not included. The explanatory notes in Act 37 were prepared by the legislative council and revised by its staff after the legislature adopted a conference substitute amendment to the original bill. Legislative council information memorandum 85-7, part I, contains original and supplemental explanatory notes to the marital property implementation law,
1985 Wis. Act 37. Part II of the memorandum contains supplemental explanatory notes to the tax provisions of the marital property implementation law,
1985 Wis. Acts 29 and
37.
Ch. 766 Note
NOTE: See also
1987 Wis. Act 393, which contains a long prefatory note and notes following the sections affected.
766.001
766.001
Liberal construction; intent. 766.001(1)
(1) This chapter is remedial in nature and shall be liberally construed, consistent with
s. 766.96.
766.001(2)
(2) It is the intent of the legislature that marital property is a form of community property.
766.001 History
History: 1983 a. 186;
1985 a. 37.
766.001 Annotation
Chapter 766, the Marital Property Act, does not supplant divorce property division provisions. In re Marriage of Kuhlman v. Kuhlman,
146 Wis. 2d 588,
432 N.W.2d 295 (Ct. App. 1988).
766.001 Annotation
Anthology of articles and comments on the marital property act. 68 MLR No. 3 (1985).
766.001 Annotation
A brief overview: The new Wisconsin marital property act. Weisberger and Wilcox. WBB July, 1984.
766.001 Annotation
The marital property law. WBB July, 1984.
766.001 Annotation
The trailer bill: A survey of the 1985 amendments to the Wisconsin marital property act. Furrh, WBB December, 1985.
766.001 Annotation
Estate planning under Wisconsin's marital property act. Erlanger, Hughes and Weisberger, WBB February, 1986.
766.01
766.01
Definitions. In this chapter:
766.01(1)
(1) "Acquiring" property includes reducing indebtedness on encumbered property and obtaining a lien on or security interest in property.
766.01(2)
(2) "Appreciation" means a realized or unrealized increase in the value of property.
766.01(2m)(a)(a) Except as provided in
pars. (b) and
(c), "credit" means the right granted by a creditor to defer payment of a debt, incur debt and defer its payment or purchase property or services and defer payment for the property or services.
766.01(2r)(a)(a) Except as provided in
pars. (b) and
(c), "creditor" means a person that regularly extends credit.
766.01(3)
(3) "Decree" means a judgment or other order of a court.
766.01(3m)
(3m) "Deferred employment benefit" means a benefit from a deferred employment benefit plan.
