AB50,1516,1010Schedule “A” AB50,1516,1111Financial Disclosure AB50,1516,1512The following general categories of assets and liabilities are not all inclusive 13and if other assets or liabilities exist they should be listed. Assets should be listed 14according to which spouse has title (including assets owned by a spouse or the 15spouses with one or more third parties) and at their approximate market value. AB50,1516,1616Husband Wife Spouse (Name) Spouse (Name) Both Names AB50,1516,1818A. Real estate (gross value) AB50,1516,1919B. Stocks, bonds and mutual funds AB50,1516,2120C. Accounts at and certificates or other 21instruments issued by financial institutions AB50,1516,2322D. Mortgages, land contracts, promissory notes 23and cash AB50,1517,1
1E. Partnership interests AB50,1517,22EL. Limited liability company interests. AB50,1517,33F. Trust interests AB50,1517,44G. Livestock, farm products, crops AB50,1517,55H. Automobiles and other vehicles AB50,1517,66I. Jewelry and personal effects AB50,1517,77J. Household furnishings AB50,1517,88K. Life insurance and annuities: AB50,1517,991. Face value AB50,1517,10102. Cash surrender value AB50,1517,1111L. Retirement benefits (include value): AB50,1517,12121. Pension plans AB50,1517,13132. Profit sharing plans AB50,1517,14143. HR-10 KEOGH plans AB50,1517,16165. Deferred compensation plans AB50,1517,1717M. Other assets not listed elsewhere AB50,1517,1818II. Obligations (total outstanding balance): AB50,1517,1919A. Mortgages and liens AB50,1517,2020B. Credit cards AB50,1517,2121C. Other obligations to financial institutions AB50,1517,2322D. Alimony, maintenance and child support (per 23month) AB50,1518,2
1E. Other obligations (such as other obligations to 2individuals, guarantees, contingent liabilities) AB50,1518,33III. Annual compensation for services: AB50,1518,54(for example, wages and income from self-5employment; also include social security, AB50,1518,66disability and similar income here) AB50,1518,77(IF YOU NEED ADDITIONAL SPACE, AB50,1518,88ADD ADDITIONAL SHEETS) AB50,30349Section 3034. 766.589 (10) (form) 14. of the statutes is amended to read: AB50,1518,1310766.589 (10) (form) 14. IF AFTER ENTERING INTO THIS AGREEMENT 11ONE OR BOTH OF YOU ESTABLISH A DOMICILE OUTSIDE THIS STATE, 12YOU ARE URGED TO SEEK LEGAL ADVICE CONCERNING THE 13CONTINUED EFFECTIVENESS OF THIS AGREEMENT. AB50,1518,1414Statutory terminable individual AB50,1518,1515Property classification agreement AB50,1518,1616(Pursuant to Section 766.589, Wisconsin Statutes) AB50,1519,217This agreement is entered into by .... and .... (husband and wife who are 18married) (who intend to marry) (strike one). The parties hereby classify the 19marital property owned by them when this agreement becomes effective, and 20property acquired during the term of this agreement which that would otherwise 21have been marital property, as the individual property of the owning spouse. The 22parties agree that ownership of such property shall be determined by the name in 23which the property is held and, if property is not held by either or both spouses,
1ownership shall be determined as if the parties were unmarried persons when the 2property was acquired. AB50,1519,63Upon the death of either spouse the surviving spouse may, except as otherwise 4provided in a subsequent marital property agreement, and regardless of whether 5this agreement has terminated, elect against the property of the decedent spouse as 6provided in section 766.589 (7) of the Wisconsin Statutes. AB50,1519,107One spouse may terminate this agreement at any time by giving signed notice 8of termination to the other spouse. Notice of termination by a spouse is given upon 9personal delivery or when sent by certified mail to the other spouse’s last-known 10address. The agreement terminates 30 days after such notice is given. AB50,1519,1511The parties (have) (have not) (strike one) completed Schedule “A”, “Financial 12Disclosure”, attached to this agreement. If Schedule “A” has not been completed, 13the duration of this agreement is 3 years after both parties have signed the 14agreement. If Schedule “A” has been completed, the duration of this agreement is 15not limited to 3 years after it is signed. AB50,1520,216IF THE DURATION OF THIS AGREEMENT IS NOT TO BE LIMITED TO 3 17YEARS, MAKE SURE THAT SCHEDULE “A”, “FINANCIAL DISCLOSURE”, IS 18COMPLETED AND THAT YOU HAVE REVIEWED THE SCHEDULE BEFORE 19SIGNING THE AGREEMENT. IF YOU AND YOUR SPOUSE HAVE 20PREVIOUSLY ENTERED INTO A STATUTORY TERMINABLE INDIVIDUAL 21PROPERTY CLASSIFICATION AGREEMENT WITH EACH OTHER WHICH 22WAS EFFECTIVE DURING YOUR PRESENT MARRIAGE AND YOU AND
1YOUR SPOUSE DID NOT COMPLETE SCHEDULE “A”, YOU MAY NOT 2EXECUTE THIS AGREEMENT IF YOU DO NOT COMPLETE SCHEDULE “A”. AB50,1520,33Signature of One Spouse: .... AB50,1520,55Print Name Here: .... AB50,1520,66Residence Address: .... AB50,1520,77(Make Sure Your Signature is Authenticated or Acknowledged Below.) AB50,1520,88Authentication AB50,1520,99Signature .... authenticated this .... day of ...., .... (year) AB50,1520,1111TITLE: MEMBER STATE BAR OF WISCONSIN AB50,1520,1212(If not, .... authorized by s. 706.06, Wis. Stats.) AB50,1520,1313Acknowledgment AB50,1520,1414STATE OF WISCONSIN ) AB50,1520,1616.... County ) AB50,1520,1917Personally came before me this .... day of ...., .... (year) the above named .... to 18me known to be the person who executed the foregoing instrument and 19acknowledge the same. AB50,1520,2121Notary Public ...., .... County, Wisconsin. AB50,1520,2222My Commission is permanent. AB50,1520,2323(If not, state expiration date: ...., .... (year)) AB50,1521,1
1(Signatures may be authenticated or AB50,1521,22acknowledged. Both are not necessary.) AB50,1521,33*Names of persons signing in any capacity should be AB50,1521,44typed or printed below their signatures. AB50,1521,55Signature of Other Spouse: .... AB50,1521,77Print Name Here: .... AB50,1521,88Residence Address: .... AB50,1521,99(Make Sure Your Signature is Authenticated or Acknowledged Below.) AB50,1521,1010Authentication AB50,1521,1111Signature .... authenticated this .... day of ...., .... (year) AB50,1521,1313TITLE: MEMBER STATE BAR OF WISCONSIN AB50,1521,1414(If not, .... authorized by s. 706.06, Wis. Stats.) AB50,1521,1515Acknowledgment AB50,1521,1616STATE OF WISCONSIN ) AB50,1521,1818.... County ) AB50,1521,2119Personally came before me this .... day of ...., .... (year) the above named .... to 20me known to be the person who executed the foregoing instrument and 21acknowledge the same. AB50,1521,2323Notary Public ...., .... County, Wisconsin. AB50,1522,1
1My Commission is permanent. AB50,1522,22(If not, state expiration date: ...., .... (year))
/2025/related/proposals/ab50
true
proposaltext
/2025/related/proposals/ab50/3033/_95
proposaltext/2025/REG/AB50,1517,21
proposaltext/2025/REG/AB50,1517,21
section
true
