Marital real estate agreements, such as Prenup or Post bridles, can be used to articulate an agreement between the parties on how debts and property can be distributed in the event of divorce. However, the courts do not have to comply with the marital property contract, as the contracts are often old and what was right at the time of the agreement may not be fair at the time of the divorce. Other reasons why a marital or post-ascendancy agreement can be considered null and void are situations in which the parties did not fully disclose their debts and assets prior to the signing of the agreement, agreements based on misinformation and agreements that the parties did not have to read and digest sufficiently before signing. Until recently, post-nuptal agreements for wealth distribution were only a good idea for a handful of wealthy couples in Wisconsin. State laws were very complex, so judicial interpretations were very different between different jurisdictions. Things were even more complicated when the couple crossed national borders, and the agreement could be considered totally invalid. In your marriage agreement or post-up, you can include all policies regarding your assets, debts and finances. Among the requirements to be considered in your contract is: If a marriage contract contains requirements that cannot be met with valid requirements, the court may decide to enforce only valid requirements. However, marital property contracts are recommended for people who wish to marry and who already have a large number of personal property. Talk to an experienced family lawyer about the questions you may have. Wisconsin judges will generally apply a post-marital arrangement, but will consider terminating the agreement if there has been a significant change in circumstances that was unpredictable at the time of the agreement.
At Burbach-Stansbury S.C. Our Wisconsin family lawyers have extensive experience negotiating and developing marital and post-ascending agreements. We help individuals avoid the unintended consequences of Wisconsin`s real estate laws long before they happen. Their future financial security is worth the time and attention. Post-post agreements are a way to protect property, assets and other holdings in the event of divorce. While post-puptial arrangements can be very effective, it is important to understand how they work in accordance with Wisconsin laws regarding the sharing of marital property. Under Wisconsin law, post-nuclear agreements are referred to as marital property agreements. It is increasingly common for Wisconsin couples to use a marriage contract as a financial planning tool. This is especially true for people who marry later in life or for the second or third time.
Our experienced lawyers understand wisconsin law on marriage contracts and questions to ask to create an effective matrimonial property contract tailored to your unique situation. Wisconsin is a state of marital property, which means that, in most cases, even the property acquired by each person before marriage is marital property, unless a marriage contract is signed. To begin with a marriage or post-ascending agreement, speak to a family lawyer or estate planning lawyer. If you are already married and have just learned the benefits of these agreements, it is not too late. A post-marriage agreement can achieve the same goals as a marriage agreement, but it is designed and signed after your marriage. You can consult with our lawyers to create a fair contract that meets your needs both as individuals and as a couple. A post-marital agreement is generally accepted as fair and applicable to divorce, depending on the exact way in which the language is used in the heritage division agreement.