SB70: Bill Text

SB70,,9261 *....

SB70,,9262 TITLE: MEMBER STATE BAR OF WISCONSIN

SB70,,9263 (If not, .... authorized by s. 706.06, Wis. Stats.)

SB70,,9264 Acknowledgment

SB70,,9265 STATE OF WISCONSIN   )

SB70,,9266 )   ss.

SB70,,9267 .... County   )

SB70,,9268 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,,9269 *....

SB70,,9270 Notary Public ...., .... County, Wisconsin.

SB70,,9271 My Commission is permanent.

SB70,,9272 (If not, state expiration date: ...., .... (year))

SB70,,9273 (Signatures may be authenticated or

SB70,,9274 acknowledged. Both are not necessary.)

SB70,,9275 *Names of persons signing in any capacity should be

SB70,,9276 typed or printed below their signatures.

SB70,,9277 Signature of Other Spouse: ....

SB70,,9278 Date: ....

SB70,,9279 Print Name Here: ....

SB70,,9280 Residence Address: ....

SB70,,9281 (Make Sure Your Signature is Authenticated or Acknowledged Below.)

SB70,,9282 Authentication

SB70,,9283 Signature .... authenticated this .... day of ...., .... (year)

SB70,,9284 *....

SB70,,9285 TITLE: MEMBER STATE BAR OF WISCONSIN

SB70,,9286 (If not, .... authorized by s. 706.06, Wis. Stats.)

SB70,,9287 Acknowledgment

SB70,,9288 STATE OF WISCONSIN   )

SB70,,9289 )   ss.

SB70,,9290 .... County   )

SB70,,9291 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,,9292 *....

SB70,,9293 Notary Public ...., .... County, Wisconsin.

SB70,,9294 My Commission is permanent.

SB70,,9295 (If not, state expiration date: ...., .... (year))

SB70,,9296 (Signatures may be authenticated or

SB70,,9297 acknowledged. Both are not necessary.)

SB70,,9298 *Names of persons signing in any capacity should

SB70,,9299 be typed or printed below their signatures.

SB70,,9300 Termination of

SB70,,9301 Statutory terminable individual

SB70,,9302 Property classification agreement

SB70,,9303 I UNDERSTAND THAT:

SB70,,9304 1. THIS TERMINATION TAKES EFFECT 30 DAYS AFTER MY SPOUSE IS NOTIFIED OF THE TERMINATION, AS PROVIDED UNDER SECTION 766.589 (4) OF THE WISCONSIN STATUTES.

SB70,,9305 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,,9306 3. IN GENERAL, THIS TERMINATION IS NOT BINDING ON CREDITORS UNLESS THEY ARE PROVIDED A COPY OF THE TERMINATION BEFORE CREDIT IS EXTENDED.

SB70,,9307 The undersigned terminates the statutory terminable individual property classification agreement entered into by me and my spouse on .... (date last spouse signed the agreement) under section 766.589 of the Wisconsin Statutes.

SB70,,9308 Signature: ....

SB70,,9309 Date: ....

SB70,,9310 Print Name Here: ....

SB70,,9311 Residence Address: ....

SB70,,9312 Schedule “A”

SB70,,9313 Financial Disclosure

SB70,,9314 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,,9315 Husband   Wife   Spouse (Name)   Spouse (Name)   Both Names

SB70,,9316 I.   Assets:

SB70,,9317 A.   Real estate (gross value)

SB70,,9318 B.   Stocks, bonds and mutual funds

SB70,,9319 C.   Accounts at and certificates and other instruments issued by financial institutions

SB70,,9320 D.   Mortgages, land contracts, promissory notes and cash

SB70,,9321 E.   Partnership interests

SB70,,9322 EL.   Limited liability company interests

SB70,,9323 F.   Trust interests

SB70,,9324 G.   Livestock, farm products, crops

SB70,,9325 H.   Automobiles and other vehicles

SB70,,9326 I.   Jewelry and personal effects

SB70,,9327 J.   Household furnishings

SB70,,9328 K.   Life insurance and annuities:

SB70,,9329 1.   Face value

SB70,,9330 2.   Cash surrender value

SB70,,9331 L.   Retirement benefits (include value):

SB70,,9332 1.   Pension plans

SB70,,9333 2.   Profit sharing plans

SB70,,9334 3.   HR-10 KEOGH plans

SB70,,9335 4.   IRAs

SB70,,9336 5.   Deferred compensation plans

SB70,,9337 M.   Other assets not listed elsewhere

SB70,,9338 II.   Obligations (total outstanding balance):

SB70,,9339 A.   Mortgages and liens

SB70,,9340 B.   Credit cards

SB70,,9341 C.   Other obligations to financial institutions

SB70,,9342 D.   Alimony, maintenance and child support (per month)

SB70,,9343 E.   Other obligations (such as other obligations to individuals, guarantees, contingent liabilities)

SB70,,9344 III.   Annual compensation for services:

SB70,,9345 (for example, wages and income from self-employment; also include social security,

SB70,,9346 disability and similar income here)

SB70,,9347 (IF YOU NEED ADDITIONAL SPACE,

SB70,,9348 ADD ADDITIONAL SHEETS.)

SB70,3164 Section 3164. 767.215 (2) (b) of the statutes is amended to read: