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(Signatures may be authenticated or
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acknowledged. Both are not necessary.)
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*Names of persons signing in any capacity should
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be typed or printed below their signatures.
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1. THIS TERMINATION TAKES EFFECT 30 DAYS AFTER MY SPOUSE IS
24NOTIFIED OF THE TERMINATION, AS PROVIDED UNDER SECTION 766.589
25(4) OF THE WISCONSIN STATUTES.
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12. THIS TERMINATION IS PROSPECTIVE; IT DOES NOT AFFECT THE
2CLASSIFICATION OF PROPERTY ACQUIRED BEFORE THE TERMINATION
3BECOMES EFFECTIVE. PROPERTY ACQUIRED AFTER THE TERMINATION
4BECOMES EFFECTIVE IS CLASSIFIED AS PROVIDED UNDER THE MARITAL
5PROPERTY LAW.
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3. IN GENERAL, THIS TERMINATION IS NOT BINDING ON CREDITORS
7UNLESS THEY ARE PROVIDED A COPY OF THE TERMINATION BEFORE
8CREDIT IS EXTENDED.
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The undersigned terminates the statutory terminable individual property
10classification agreement entered into by me and my spouse on .... (date last spouse
11signed the agreement) under section 766.589 of the Wisconsin Statutes.
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The following general categories of assets and liabilities are not all inclusive
19and if other assets or liabilities exist they should be listed. Assets should be listed
20according to which spouse has title (including assets owned by a spouse or the
21spouses with one or more third parties) and at their approximate market value.
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A.
Real estate (gross value)
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B.
Stocks, bonds and mutual funds
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1C.
Accounts at and certificates and other
2instruments issued by financial institutions
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D.
Mortgages, land contracts, promissory notes
4and cash
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EL.
Limited liability company interests
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G.
Livestock, farm products, crops