Wisconsin Legislature: SB70-AA10,574

1766.589 (10) (form) 14. IF AFTER ENTERING INTO THIS AGREEMENT
2ONE OR BOTH OF YOU ESTABLISH A DOMICILE OUTSIDE THIS STATE, YOU
3ARE URGED TO SEEK LEGAL ADVICE CONCERNING THE CONTINUED
4EFFECTIVENESS OF THIS AGREEMENT.

SB70-AA10,275,5 5Statutory terminable individual

SB70-AA10,275,6 6Property classification agreement

SB70-AA10,275,77 (Pursuant to Section 766.589, Wisconsin Statutes)

SB70-AA10,275,168 This agreement is entered into by .... and .... (husband and wife who are
9married) (who intend to marry) (strike one). The parties hereby classify the marital
10property owned by them when this agreement becomes effective, and property
11acquired during the term of this agreement which that would otherwise have been
12marital property, as the individual property of the owning spouse. The parties agree
13that ownership of such property shall be determined by the name in which the
14property is held and, if property is not held by either or both spouses, ownership shall
15be determined as if the parties were unmarried persons when the property was
16acquired.

SB70-AA10,275,2017 Upon the death of either spouse the surviving spouse may, except as otherwise
18provided in a subsequent marital property agreement, and regardless of whether
19this agreement has terminated, elect against the property of the decedent spouse as
20provided in section 766.589 (7) of the Wisconsin Statutes.

SB70-AA10,275,2421 One spouse may terminate this agreement at any time by giving signed notice
22of termination to the other spouse. Notice of termination by a spouse is given upon
23personal delivery or when sent by certified mail to the other spouse's last-known
24address. The agreement terminates 30 days after such notice is given.

SB70-AA10,276,5

1The parties (have) (have not) (strike one) completed Schedule “A", “Financial
2Disclosure", attached to this agreement. If Schedule “A" has not been completed, the
3duration of this agreement is 3 years after both parties have signed the agreement.
4If Schedule “A" has been completed, the duration of this agreement is not limited to
53 years after it is signed.

SB70-AA10,276,146 IF THE DURATION OF THIS AGREEMENT IS NOT TO BE LIMITED TO 3
7YEARS, MAKE SURE THAT SCHEDULE “A", “FINANCIAL DISCLOSURE", IS
8COMPLETED AND THAT YOU HAVE REVIEWED THE SCHEDULE BEFORE
9SIGNING THE AGREEMENT. IF YOU AND YOUR SPOUSE HAVE PREVIOUSLY
10ENTERED INTO A STATUTORY TERMINABLE INDIVIDUAL PROPERTY
11CLASSIFICATION AGREEMENT WITH EACH OTHER WHICH WAS
12EFFECTIVE DURING YOUR PRESENT MARRIAGE AND YOU AND YOUR
13SPOUSE DID NOT COMPLETE SCHEDULE “A", YOU MAY NOT EXECUTE THIS
14AGREEMENT IF YOU DO NOT COMPLETE SCHEDULE “A".

SB70-AA10,276,1515 Signature of One Spouse: ....

SB70-AA10,276,1616 Date: ....

SB70-AA10,276,1717 Print Name Here: ....

SB70-AA10,276,1818 Residence Address: ....

SB70-AA10,276,1919 (Make Sure Your Signature is Authenticated or Acknowledged Below.)

SB70-AA10,276,20 20Authentication

SB70-AA10,276,2121 Signature .... authenticated this .... day of ...., .... (year)

SB70-AA10,276,2222 *....

SB70-AA10,276,2323 TITLE: MEMBER STATE BAR OF WISCONSIN

SB70-AA10,276,2424 (If not, .... authorized by s. 706.06, Wis. Stats.)

SB70-AA10,276,25 25Acknowledgment

SB70-AA10,277,1

1STATE OF WISCONSIN )

SB70-AA10,277,22 ) ss.

SB70-AA10,277,33 .... County )

SB70-AA10,277,64 Personally came before me this .... day of ...., .... (year) the above named .... to
5me known to be the person who executed the foregoing instrument and acknowledge
6the same.

SB70-AA10,277,77 *....

SB70-AA10,277,88 Notary Public ...., .... County, Wisconsin.

SB70-AA10,277,99 My Commission is permanent.

SB70-AA10,277,1010 (If not, state expiration date: ...., .... (year))

SB70-AA10,277,1111 (Signatures may be authenticated or

SB70-AA10,277,1212 acknowledged. Both are not necessary.)

SB70-AA10,277,1313 *Names of persons signing in any capacity should be

SB70-AA10,277,1414 typed or printed below their signatures.

SB70-AA10,277,1515 Signature of Other Spouse: ....

SB70-AA10,277,1616 Date: ....

SB70-AA10,277,1717 Print Name Here: ....

SB70-AA10,277,1818 Residence Address: ....

SB70-AA10,277,1919 (Make Sure Your Signature is Authenticated or Acknowledged Below.)

SB70-AA10,277,20 20Authentication

SB70-AA10,277,2121 Signature .... authenticated this .... day of ...., .... (year)

SB70-AA10,277,2222 *....

SB70-AA10,277,2323 TITLE: MEMBER STATE BAR OF WISCONSIN

SB70-AA10,277,2424 (If not, .... authorized by s. 706.06, Wis. Stats.)

SB70-AA10,277,25 25Acknowledgment

SB70-AA10,278,1

1STATE OF WISCONSIN )

SB70-AA10,278,22 ) ss.

SB70-AA10,278,33 .... County )

SB70-AA10,278,64 Personally came before me this .... day of ...., .... (year) the above named .... to
5me known to be the person who executed the foregoing instrument and acknowledge
6the same.

SB70-AA10,278,77 *....

SB70-AA10,278,88 Notary Public ...., .... County, Wisconsin.

SB70-AA10,278,99 My Commission is permanent.

SB70-AA10,278,1010 (If not, state expiration date: ...., .... (year))

SB70-AA10,278,1111 (Signatures may be authenticated or

SB70-AA10,278,1212 acknowledged. Both are not necessary.)

SB70-AA10,278,1313 *Names of persons signing in any capacity should

SB70-AA10,278,1414 be typed or printed below their signatures.

SB70-AA10,278,15 15Termination of

SB70-AA10,278,16 16Statutory terminable individual

SB70-AA10,278,17 17Property classification agreement

SB70-AA10,278,1818 I UNDERSTAND THAT: