SB566,48,33
Address: ....
SB566,48,54
[
Note: Each spouse should retain a copy of the agreement for himself or
5herself.]
SB566,136
6Section 136
. 766.588 (9) (form) 13. of the statutes is amended to read:
SB566,48,107
766.588
(9) (form) 13. IF AFTER ENTERING INTO THIS AGREEMENT ONE
8OR BOTH OF YOU ESTABLISH A DOMICILE OUTSIDE THIS STATE, YOU ARE
9URGED TO SEEK LEGAL ADVICE CONCERNING THE CONTINUED
10EFFECTIVENESS OF THIS AGREEMENT.
SB566,48,11
11Statutory terminable marital
SB566,48,12
12Property classification agreement
SB566,48,1313
(Pursuant to Section 766.588, Wisconsin Statutes)
SB566,48,1714
This agreement is entered into by .... and .... (
husband and wife who are
15married) (who intend to marry) (strike one). The parties hereby classify all of the
16property owned by them when this agreement becomes effective, and property
17acquired during the term of this agreement, as marital property.
SB566,48,2118
One spouse may terminate this agreement at any time by giving signed notice
19of termination to the other spouse. Notice of termination by a spouse is given upon
20personal delivery or when sent by certified mail to the other spouse's last-known
21address. The agreement terminates 30 days after such notice is given.
SB566,49,222
The parties (have) (have not) (strike one) completed Schedule “A", “
Financial
23Disclosure", attached to this agreement. If Schedule “A" has not been completed, the
24duration of this agreement is 3 years after both parties have signed the agreement.
1If Schedule “A" has been completed, the duration of this agreement is not limited to
23 years after it is signed.
SB566,49,113
IF THE DURATION OF THIS AGREEMENT IS NOT TO BE LIMITED TO 3
4YEARS, MAKE SURE SCHEDULE “A", “FINANCIAL DISCLOSURE", IS
5COMPLETED AND THAT YOU HAVE REVIEWED THE SCHEDULE BEFORE
6SIGNING THE AGREEMENT. IF YOU AND YOUR SPOUSE HAVE PREVIOUSLY
7ENTERED INTO A STATUTORY TERMINABLE MARITAL PROPERTY
8CLASSIFICATION AGREEMENT WITH EACH OTHER WHICH WAS
9EFFECTIVE DURING YOUR PRESENT MARRIAGE AND YOU AND YOUR
10SPOUSE DID NOT COMPLETE SCHEDULE “A", YOU MAY NOT EXECUTE THIS
11AGREEMENT IF YOU DO NOT COMPLETE SCHEDULE “A".
SB566,49,1212
Signature of One Spouse: ....
SB566,49,1414
Print Name Here: ....
SB566,49,1515
Residence Address: ....
SB566,49,1616
(Make Sure Your Signature is Authenticated or Acknowledged Below.)
SB566,49,17
17Authentication
SB566,49,1818
Signature .... authenticated this .... day of ...., .... (year)
SB566,49,2020
TITLE: MEMBER STATE BAR OF WISCONSIN
SB566,49,2121
(If not, .... authorized by s. 706.06, Wis. Stats.)
SB566,49,22
22Acknowledgment
SB566,49,2323
STATE OF WISCONSIN
)
SB566,49,2525
.... County
)
SB566,50,3
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.
SB566,50,55
Notary Public ...., .... County, Wisconsin.
SB566,50,66
My Commission is permanent.
SB566,50,77
(If not, state expiration date: ...., .... (year))
SB566,50,88
(Signatures may be authenticated or
SB566,50,99
acknowledged. Both are not necessary.)
SB566,50,1010
*Names of persons signing in any capacity should be
SB566,50,1111
typed or printed below their signatures.
SB566,50,1212
Signature of Other Spouse: ....
SB566,50,1414
Print Name Here: ....
SB566,50,1515
Residence Address: ....
SB566,50,1616
(Make Sure Your Signature is Authenticated or Acknowledged Below.)
SB566,50,17
17Authentication
SB566,50,1818
Signature .... authenticated this .... day of ...., .... (year)
SB566,50,2020
TITLE: MEMBER STATE BAR OF WISCONSIN
SB566,50,2121
(If not, .... authorized by s. 706.06, Wis. Stats.)
SB566,50,22
22Acknowledgment
SB566,50,2323
STATE OF WISCONSIN
)
SB566,50,2525
.... County
)
SB566,51,3
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.
SB566,51,55
Notary Public ...., .... County, Wisconsin.
SB566,51,66
My Commission is permanent.
SB566,51,77
(If not, state expiration date: ...., .... (year))
SB566,51,88
(Signatures may be authenticated or
SB566,51,99
acknowledged. Both are not necessary.)
SB566,51,1010
*Names of persons signing in any capacity should be
SB566,51,1111
typed or printed below their signatures.
SB566,51,12
12Termination of statutory terminable
SB566,51,13
13marital property classification agreement
SB566,51,1414
I UNDERSTAND THAT:
SB566,51,1715
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.
SB566,51,2218
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.
SB566,51,2523
3. IN GENERAL, THIS TERMINATION IS NOT BINDING ON CREDITORS
24UNLESS THEY ARE PROVIDED A COPY OF THE TERMINATION BEFORE
25CREDIT IS EXTENDED.
SB566,52,3
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.
SB566,52,44
Signature: ....
SB566,52,66
Print Name Here: ....
SB566,52,77
Residence Address: ....
SB566,52,9
9Financial Disclosure
SB566,52,1310
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.
SB566,52,14
14Husband Wife
Spouse (Name) Spouse (Name) Both Names
SB566,52,1616
A.
Real estate (gross value)
SB566,52,1717
B.
Stocks, bonds and mutual funds
SB566,52,1918
C.
Accounts at and certificates or other
19instruments issued by financial institutions
SB566,52,2120
D.
Mortgages, land contracts, promissory notes
21and cash
SB566,52,2222
E.
Partnership interests
SB566,52,2323
EL.
Limited liability company interests
.
SB566,52,2424
F.
Trust interests
SB566,52,2525
G.
Livestock, farm products, crops
SB566,53,1
1H.
Automobiles and other vehicles
SB566,53,22
I.
Jewelry and personal effects
SB566,53,33
J.
Household furnishings
SB566,53,44
K.
Life insurance and annuities:
SB566,53,55
1.
Face value
SB566,53,66
2.
Cash surrender value
SB566,53,77
L.
Retirement benefits (include value):
SB566,53,88
1.
Pension plans
