SB70: Bill Text

SB70,,9157 *....

SB70,,9158 TITLE: MEMBER STATE BAR OF WISCONSIN

SB70,,9159 (If not, .... authorized by s. 706.06, Wis. Stats.)

SB70,,9160 Acknowledgment

SB70,,9161 STATE OF WISCONSIN   )

SB70,,9162 )   ss.

SB70,,9163 .... County   )

SB70,,9164 Personally 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.

SB70,,9165 *....

SB70,,9166 Notary Public ...., .... County, Wisconsin.

SB70,,9167 My Commission is permanent.

SB70,,9168 (If not, state expiration date: ...., .... (year))

SB70,,9169 (Signatures may be authenticated or

SB70,,9170 acknowledged. Both are not necessary.)

SB70,,9171 *Names of persons signing in any capacity should be

SB70,,9172 typed or printed below their signatures.

SB70,,9173 Signature of Other Spouse: ....

SB70,,9174 Date: ....

SB70,,9175 Print Name Here: ....

SB70,,9176 Residence Address: ....

SB70,,9177 (Make Sure Your Signature is Authenticated or Acknowledged Below.)

SB70,,9178 Authentication

SB70,,9179 Signature .... authenticated this .... day of ...., .... (year)

SB70,,9180 *....

SB70,,9181 TITLE: MEMBER STATE BAR OF WISCONSIN

SB70,,9182 (If not, .... authorized by s. 706.06, Wis. Stats.)

SB70,,9183 Acknowledgment

SB70,,9184 STATE OF WISCONSIN   )

SB70,,9185 )   ss.

SB70,,9186 .... County   )

SB70,,9187 Personally 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.

SB70,,9188 *....

SB70,,9189 Notary Public ...., .... County, Wisconsin.

SB70,,9190 My Commission is permanent.

SB70,,9191 (If not, state expiration date: ...., .... (year))

SB70,,9192 (Signatures may be authenticated or

SB70,,9193 acknowledged. Both are not necessary.)

SB70,,9194 *Names of persons signing in any capacity should be

SB70,,9195 typed or printed below their signatures.

SB70,,9196 Termination of statutory terminable

SB70,,9197 marital property classification agreement

SB70,,9198 I UNDERSTAND THAT:

SB70,,9199 1. 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.

SB70,,9200 2. 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.

SB70,,9201 3. IN GENERAL, THIS TERMINATION IS NOT BINDING ON CREDITORS UNLESS THEY ARE PROVIDED A COPY OF THE TERMINATION BEFORE CREDIT IS EXTENDED.

SB70,,9202 The 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.

SB70,,9203 Signature: ....

SB70,,9204 Date: ....

SB70,,9205 Print Name Here: ....

SB70,,9206 Residence Address: ....

SB70,,9207 Schedule “A”

SB70,,9208 Financial Disclosure

SB70,,9209 The 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.

SB70,,9210 Husband   Wife   Spouse (Name)   Spouse (Name)   Both Names

SB70,,9211 I.   Assets

SB70,,9212 A.   Real estate (gross value)

SB70,,9213 B.   Stocks, bonds and mutual funds

SB70,,9214 C.   Accounts at and certificates or other instruments issued by financial institutions

SB70,,9215 D.   Mortgages, land contracts, promissory notes and cash

SB70,,9216 E.   Partnership interests

SB70,,9217 EL.   Limited liability company interests.

SB70,,9218 F.   Trust interests

SB70,,9219 G.   Livestock, farm products, crops

SB70,,9220 H.   Automobiles and other vehicles

SB70,,9221 I.   Jewelry and personal effects

SB70,,9222 J.   Household furnishings

SB70,,9223 K.   Life insurance and annuities:

SB70,,9224 1.   Face value

SB70,,9225 2.   Cash surrender value

SB70,,9226 L.   Retirement benefits (include value):

SB70,,9227 1.   Pension plans

SB70,,9228 2.   Profit sharing plans

SB70,,9229 3.   HR-10 KEOGH plans

SB70,,9230 4.   IRAs

SB70,,9231 5.   Deferred compensation plans

SB70,,9232 M.   Other assets not listed elsewhere

SB70,,9233 II.   Obligations (total outstanding balance):

SB70,,9234 A.   Mortgages and liens

SB70,,9235 B.   Credit cards

SB70,,9236 C.   Other obligations to financial institutions

SB70,,9237 D.   Alimony, maintenance and child support (per month)

SB70,,9238 E.   Other obligations (such as other obligations to individuals, guarantees, contingent liabilities)

SB70,,9239 III.   Annual compensation for services:

SB70,,9240 (for example, wages and income from self-employment; also include social security,

SB70,,9241 disability and similar income here)

SB70,,9242 (IF YOU NEED ADDITIONAL SPACE,

SB70,,9243 ADD ADDITIONAL SHEETS)

SB70,3163 Section 3163. 766.589 (10) (form) 14. of the statutes is amended to read:

SB70,,9245 766.589 (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.