Marital Property Agreements
Wisconsin law permits those planning to marry and current spouses to enter into marital property agreements to specify their financial rights and responsibilities to one another. Sometimes called a “pre-nup” or a “post-nup”, a marital property agreement is a useful tool for couples who would like to decide in advance how to arrange their financial affairs during their marriage, at the death of one party, or in the event of a divorce.
Marital property agreements with divorce provisions can be useful if either spouse enters the marriage with significant individual assets or with obligations to provide for children from a prior relationship. Because this type of agreement contains divorce provisions, each spouse must have separate legal counsel. It is highly advisable that you work with an attorney experienced in this area to ensure your agreement is drafted properly and meets all legal requirements.
Our legal team at Balisle Family Law Legal Counsel, S.C. can help you and your partner to decide whether an agreement is right for you and then help you move forward, should you decide to do so.