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
SB566,53,99
2.
Profit sharing plans
SB566,53,1010
3.
HR-10 KEOGH plans
SB566,53,1212
5.
Deferred compensation plans
SB566,53,1313
M.
Other assets not listed elsewhere
SB566,53,1414
II.
Obligations (total outstanding balance):
SB566,53,1515
A.
Mortgages and liens
SB566,53,1616
B.
Credit cards
SB566,53,1717
C.
Other obligations to financial institutions
SB566,53,1918
D.
Alimony, maintenance and child support (per
19month)
SB566,53,2220
E.
Other obligations (such as other obligations
21to individuals, guarantees, contingent
22liabilities)
SB566,53,2323
III.
Annual compensation for services:
SB566,53,2524
(for example, wages and income from
25self-employment; also include social security,
SB566,54,1
1disability and similar income here)
SB566,54,22
(IF YOU NEED ADDITIONAL SPACE,
SB566,54,33
ADD ADDITIONAL SHEETS)
SB566,137
4Section 137
. 766.589 (10) (form) 14. of the statutes is amended to read:
SB566,54,85
766.589
(10) (form) 14. IF AFTER ENTERING INTO THIS AGREEMENT
6ONE OR BOTH OF YOU ESTABLISH A DOMICILE OUTSIDE THIS STATE, YOU
7ARE URGED TO SEEK LEGAL ADVICE CONCERNING THE CONTINUED
8EFFECTIVENESS OF THIS AGREEMENT.
SB566,54,9
9Statutory terminable individual
SB566,54,10
10Property classification agreement
SB566,54,1111
(Pursuant to Section 766.589, Wisconsin Statutes)
SB566,54,2012
This agreement is entered into by .... and .... (
husband and wife who are
13married) (who intend to marry) (strike one). The parties hereby classify the marital
14property owned by them when this agreement becomes effective, and property
15acquired during the term of this agreement
which
that would otherwise have been
16marital property, as the individual property of the owning spouse. The parties agree
17that ownership of such property shall be determined by the name in which the
18property is held and, if property is not held by either or both spouses, ownership shall
19be determined as if the parties were unmarried persons when the property was
20acquired.
SB566,54,2421
Upon the death of either spouse the surviving spouse may, except as otherwise
22provided in a subsequent marital property agreement, and regardless of whether
23this agreement has terminated, elect against the property of the decedent spouse as
24provided in section 766.589 (7) of the Wisconsin Statutes.
SB566,55,4
1One spouse may terminate this agreement at any time by giving signed notice
2of termination to the other spouse. Notice of termination by a spouse is given upon
3personal delivery or when sent by certified mail to the other spouse's last-known
4address. The agreement terminates 30 days after such notice is given.
