SB907,,504504Signature .... Date .... SB907,,505505Print Name Here: .... SB907,,506506Address: .... SB907,,507507[Note: Each spouse should retain a copy of the agreement for himself or herself.] SB907,228508Section 228. 766.588 (9) (form) 13. of the statutes is amended to read: SB907,,509509766.588 (9) (form) 13. 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. SB907,,510510Statutory terminable marital SB907,,511511Property classification agreement SB907,,512512(Pursuant to Section 766.588, Wisconsin Statutes) SB907,,513513This agreement is entered into by .... and .... (husband and wife who are married) (who intend to marry) (strike one). The parties hereby classify all of the property owned by them when this agreement becomes effective, and property acquired during the term of this agreement, as marital property. SB907,,514514One 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. SB907,,515515The 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. SB907,,516516IF THE DURATION OF THIS AGREEMENT IS NOT TO BE LIMITED TO 3 YEARS, MAKE SURE 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 MARITAL 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”. SB907,,517517Signature of One Spouse: .... SB907,,519519Print Name Here: .... SB907,,520520Residence Address: .... SB907,,521521(Make Sure Your Signature is Authenticated or Acknowledged Below.) SB907,,522522Authentication SB907,,523523Signature .... authenticated this .... day of ...., .... (year) SB907,,525525TITLE: MEMBER STATE BAR OF WISCONSIN SB907,,526526(If not, .... authorized by s. 706.06, Wis. Stats.) SB907,,527527Acknowledgment SB907,,528528STATE OF WISCONSIN ) SB907,,530530.... County ) SB907,,531531Personally 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. SB907,,533533Notary Public ...., .... County, Wisconsin. SB907,,534534My Commission is permanent. SB907,,535535(If not, state expiration date: ...., .... (year)) SB907,,536536(Signatures may be authenticated or SB907,,537537acknowledged. Both are not necessary.) SB907,,538538*Names of persons signing in any capacity should be SB907,,539539typed or printed below their signatures. SB907,,540540Signature of Other Spouse: .... SB907,,542542Print Name Here: .... SB907,,543543Residence Address: .... SB907,,544544(Make Sure Your Signature is Authenticated or Acknowledged Below.) SB907,,545545Authentication SB907,,546546Signature .... authenticated this .... day of ...., .... (year) SB907,,548548TITLE: MEMBER STATE BAR OF WISCONSIN SB907,,549549(If not, .... authorized by s. 706.06, Wis. Stats.) SB907,,550550Acknowledgment SB907,,551551STATE OF WISCONSIN ) SB907,,553553.... County ) SB907,,554554Personally 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. SB907,,556556Notary Public ...., .... County, Wisconsin. SB907,,557557My Commission is permanent. SB907,,558558(If not, state expiration date: ...., .... (year)) SB907,,559559(Signatures may be authenticated or SB907,,560560acknowledged. Both are not necessary.) SB907,,561561*Names of persons signing in any capacity should be SB907,,562562typed or printed below their signatures. SB907,,563563Termination of statutory terminable SB907,,564564marital property classification agreement SB907,,565565I UNDERSTAND THAT: SB907,,5665661. 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. SB907,,5675672. 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. SB907,,5685683. IN GENERAL, THIS TERMINATION IS NOT BINDING ON CREDITORS UNLESS THEY ARE PROVIDED A COPY OF THE TERMINATION BEFORE CREDIT IS EXTENDED. SB907,,569569The 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. SB907,,570570Signature: .... SB907,,572572Print Name Here: .... SB907,,573573Residence Address: .... SB907,,574574Schedule “a” SB907,,575575Financial Disclosure SB907,,576576The 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. SB907,,577577Husband Wife Spouse (Name) Spouse (Name) Both Names SB907,,579579A. Real estate (gross value) SB907,,580580B. Stocks, bonds and mutual funds SB907,,581581C. Accounts at and certificates or other instruments issued by financial institutions SB907,,582582D. Mortgages, land contracts, promissory notes and cash SB907,,583583E. Partnership interests SB907,,584584EL. Limited liability company interests. SB907,,585585F. Trust interests SB907,,586586G. Livestock, farm products, crops SB907,,587587H. Automobiles and other vehicles SB907,,588588I. Jewelry and personal effects SB907,,589589J. Household furnishings SB907,,590590K. Life insurance and annuities: SB907,,5915911. Face value SB907,,5925922. Cash surrender value
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