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9189My Commission is permanent.
9190(If not, state expiration date: ...., .... (year))
9191(Signatures may be authenticated or
9192acknowledged. Both are not necessary.)
9193*Names of persons signing in any capacity should be
9194typed or printed below their signatures.
9195Termination of statutory terminable
9196marital property classification agreement
9197I UNDERSTAND THAT:
91981. THIS TERMINATION TAKES EFFECT 30 DAYS AFTER MY SPOUSE IS NOTIFIED OF THE TERMINATION, AS PROVIDED UNDER SECTION 766.588 (4) OF THE WISCONSIN STATUTES.
91992. THIS TERMINATION IS PROSPECTIVE; IT DOES NOT AFFECT THE CLASSIFICATION OF PROPERTY ACQUIRED BEFORE THE TERMINATION BECOMES EFFECTIVE. PROPERTY ACQUIRED AFTER THE TERMINATION BECOMES EFFECTIVE IS CLASSIFIED AS PROVIDED UNDER THE MARITAL PROPERTY LAW.
92003. IN GENERAL, THIS TERMINATION IS NOT BINDING ON CREDITORS UNLESS THEY ARE PROVIDED A COPY OF THE TERMINATION BEFORE CREDIT IS EXTENDED.
9201The undersigned terminates the statutory terminable marital property classification agreement entered into by me and my spouse on .... (date last spouse signed the agreement) under section 766.588 of the Wisconsin Statutes.
9202Signature: ....
9203Date: ....
9204Print Name Here: ....
9205Residence Address: ....
9206Schedule “A”
9207Financial Disclosure
9208The following general categories of assets and liabilities are not all inclusive and if other assets or liabilities exist they should be listed. Assets should be listed according to which spouse has title (including assets owned by a spouse or the spouses with one or more third parties) and at their approximate market value.
9209Husband   Wife   Spouse (Name)   Spouse (Name)   Both Names
9210I.   Assets
9211A.   Real estate (gross value)
9212B.   Stocks, bonds and mutual funds
9213C.   Accounts at and certificates or other instruments issued by financial institutions
9214D.   Mortgages, land contracts, promissory notes and cash
9215E.   Partnership interests
9216EL.   Limited liability company interests.
9217F.   Trust interests
9218G.   Livestock, farm products, crops
9219H.   Automobiles and other vehicles
9220I.   Jewelry and personal effects
9221J.   Household furnishings
9222K.   Life insurance and annuities:
92231.   Face value
92242.   Cash surrender value
9225L.   Retirement benefits (include value):
92261.   Pension plans
92272.   Profit sharing plans
92283.   HR-10 KEOGH plans
92294.   IRAs
92305.   Deferred compensation plans
9231M.   Other assets not listed elsewhere
9232II.   Obligations (total outstanding balance):
9233A.   Mortgages and liens
9234B.   Credit cards
9235C.   Other obligations to financial institutions
9236D.   Alimony, maintenance and child support (per month)
9237E.   Other obligations (such as other obligations to individuals, guarantees, contingent liabilities)
9238III.   Annual compensation for services:
9239(for example, wages and income from self-employment; also include social security,
9240disability and similar income here)
9241(IF YOU NEED ADDITIONAL SPACE,
9242ADD ADDITIONAL SHEETS)
9243Section 3163. 766.589 (10) (form) 14. of the statutes is amended to read:
9244766.589 (10) (form) 14. IF AFTER ENTERING INTO THIS AGREEMENT ONE OR BOTH OF YOU ESTABLISH A DOMICILE OUTSIDE THIS STATE, YOU ARE URGED TO SEEK LEGAL ADVICE CONCERNING THE CONTINUED EFFECTIVENESS OF THIS AGREEMENT.
9245Statutory terminable individual
9246Property classification agreement
9247(Pursuant to Section 766.589, Wisconsin Statutes)
9248This agreement is entered into by .... and .... (husband and wife who are married) (who intend to marry) (strike one). The parties hereby classify the marital property owned by them when this agreement becomes effective, and property acquired during the term of this agreement which that would otherwise have been marital property, as the individual property of the owning spouse. The parties agree that ownership of such property shall be determined by the name in which the property is held and, if property is not held by either or both spouses, ownership shall be determined as if the parties were unmarried persons when the property was acquired.
9249Upon the death of either spouse the surviving spouse may, except as otherwise provided in a subsequent marital property agreement, and regardless of whether this agreement has terminated, elect against the property of the decedent spouse as provided in section 766.589 (7) of the Wisconsin Statutes.
9250One spouse may terminate this agreement at any time by giving signed notice of termination to the other spouse. Notice of termination by a spouse is given upon personal delivery or when sent by certified mail to the other spouse’s last-known address. The agreement terminates 30 days after such notice is given.
9251The parties (have) (have not) (strike one) completed Schedule “A”, “Financial Disclosure”, attached to this agreement. If Schedule “A” has not been completed, the duration of this agreement is 3 years after both parties have signed the agreement. If Schedule “A” has been completed, the duration of this agreement is not limited to 3 years after it is signed.
9252IF THE DURATION OF THIS AGREEMENT IS NOT TO BE LIMITED TO 3 YEARS, MAKE SURE THAT SCHEDULE “A”, “FINANCIAL DISCLOSURE”, IS COMPLETED AND THAT YOU HAVE REVIEWED THE SCHEDULE BEFORE SIGNING THE AGREEMENT. IF YOU AND YOUR SPOUSE HAVE PREVIOUSLY ENTERED INTO A STATUTORY TERMINABLE INDIVIDUAL PROPERTY CLASSIFICATION AGREEMENT WITH EACH OTHER WHICH WAS EFFECTIVE DURING YOUR PRESENT MARRIAGE AND YOU AND YOUR SPOUSE DID NOT COMPLETE SCHEDULE “A”, YOU MAY NOT EXECUTE THIS AGREEMENT IF YOU DO NOT COMPLETE SCHEDULE “A”.
9253Signature of One Spouse: ....
9254Date: ....
9255Print Name Here: ....
9256Residence Address: ....
9257(Make Sure Your Signature is Authenticated or Acknowledged Below.)
9258Authentication
9259Signature .... authenticated this .... day of ...., .... (year)
9260*....
9261TITLE: MEMBER STATE BAR OF WISCONSIN
9262(If not, .... authorized by s. 706.06, Wis. Stats.)
9263Acknowledgment
9264STATE OF WISCONSIN   )
9265)   ss.
9266.... County   )
9267Personally came before me this .... day of ...., .... (year) the above named .... to me known to be the person who executed the foregoing instrument and acknowledge the same.
9268*....
9269Notary Public ...., .... County, Wisconsin.
9270My Commission is permanent.
9271(If not, state expiration date: ...., .... (year))
9272(Signatures may be authenticated or
9273acknowledged. Both are not necessary.)
9274*Names of persons signing in any capacity should be
9275typed or printed below their signatures.
9276Signature of Other Spouse: ....
9277Date: ....
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