SB70,,91329132The parties to this agreement agree to classify all their property, including property owned by them now and property acquired before January 1, 1987, as the individual property of the owning spouse, and agree that ownership of their property shall be determined as if it were December 31, 1985. SB70,,91339133This agreement terminates on January 1, 1987. SB70,,91349134Signature .... Date .... SB70,,91359135Print Name Here: .... SB70,,91369136Address: .... SB70,,91379137Signature .... Date .... SB70,,91389138Print Name Here: .... SB70,,91399139Address: .... SB70,,91409140[Note: Each spouse should retain a copy of the agreement for himself or herself.] SB70,31629141Section 3162. 766.588 (9) (form) 13. of the statutes is amended to read: SB70,,91429142766.588 (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. SB70,,91439143Statutory terminable marital SB70,,91449144Property classification agreement SB70,,91459145(Pursuant to Section 766.588, Wisconsin Statutes) SB70,,91469146This 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. SB70,,91479147One 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. SB70,,91489148The 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. SB70,,91499149IF 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”. SB70,,91509150Signature of One Spouse: .... SB70,,91529152Print Name Here: .... SB70,,91539153Residence Address: .... SB70,,91549154(Make Sure Your Signature is Authenticated or Acknowledged Below.) SB70,,91559155Authentication SB70,,91569156Signature .... authenticated this .... day of ...., .... (year) SB70,,91589158TITLE: MEMBER STATE BAR OF WISCONSIN SB70,,91599159(If not, .... authorized by s. 706.06, Wis. Stats.) SB70,,91609160Acknowledgment SB70,,91619161STATE OF WISCONSIN ) SB70,,91639163.... County ) SB70,,91649164Personally 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,,91669166Notary Public ...., .... County, Wisconsin. SB70,,91679167My Commission is permanent. SB70,,91689168(If not, state expiration date: ...., .... (year)) SB70,,91699169(Signatures may be authenticated or SB70,,91709170acknowledged. Both are not necessary.) SB70,,91719171*Names of persons signing in any capacity should be SB70,,91729172typed or printed below their signatures. SB70,,91739173Signature of Other Spouse: .... SB70,,91759175Print Name Here: .... SB70,,91769176Residence Address: .... SB70,,91779177(Make Sure Your Signature is Authenticated or Acknowledged Below.) SB70,,91789178Authentication SB70,,91799179Signature .... authenticated this .... day of ...., .... (year) SB70,,91819181TITLE: MEMBER STATE BAR OF WISCONSIN SB70,,91829182(If not, .... authorized by s. 706.06, Wis. Stats.) SB70,,91839183Acknowledgment SB70,,91849184STATE OF WISCONSIN ) SB70,,91869186.... County ) SB70,,91879187Personally 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,,91899189Notary Public ...., .... County, Wisconsin. SB70,,91909190My Commission is permanent. SB70,,91919191(If not, state expiration date: ...., .... (year)) SB70,,91929192(Signatures may be authenticated or SB70,,91939193acknowledged. Both are not necessary.) SB70,,91949194*Names of persons signing in any capacity should be SB70,,91959195typed or printed below their signatures. SB70,,91969196Termination of statutory terminable SB70,,91979197marital property classification agreement SB70,,91989198I UNDERSTAND THAT: SB70,,919991991. 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,,920092002. 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,,920192013. IN GENERAL, THIS TERMINATION IS NOT BINDING ON CREDITORS UNLESS THEY ARE PROVIDED A COPY OF THE TERMINATION BEFORE CREDIT IS EXTENDED. SB70,,92029202The 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,,92039203Signature: .... SB70,,92059205Print Name Here: .... SB70,,92069206Residence Address: .... SB70,,92079207Schedule “A” SB70,,92089208Financial Disclosure SB70,,92099209The 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,,92109210Husband Wife Spouse (Name) Spouse (Name) Both Names SB70,,92129212A. Real estate (gross value) SB70,,92139213B. Stocks, bonds and mutual funds SB70,,92149214C. Accounts at and certificates or other instruments issued by financial institutions SB70,,92159215D. Mortgages, land contracts, promissory notes and cash SB70,,92169216E. Partnership interests SB70,,92179217EL. Limited liability company interests. SB70,,92189218F. Trust interests SB70,,92199219G. Livestock, farm products, crops SB70,,92209220H. Automobiles and other vehicles
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