Wisconsin is a community property state, where everything a married couple owns together is subject to a 50\50 split. However, some property such as a shared vehicle cannot simply be cut in half. Contact a Wisconsin Marital Property Division Lawyer for Help It is important to work with an experienced marital property division lawyer to […]
High Asset Divorce Lawyer
Financial issues in a divorce fall along a spectrum of simple to complex. High asset divorces may include determining the proper value of assets including a business or professional association, commercial real estate holdings, vacation properties, trust accounts, investment and retirement portfolios and any number other property including horses, farms, fine art, jewelry and collectibles. […]
Invalid Prenuptial Agreements
Spouses who entered into a prenuptial agreement before marriage who are now heading for divorce court may wonder if there is a way to invalidate the prenuptial agreement. Hindsight is 20/20 after all, and what seemed reasonable in the early days of a relationship may seem downright unfair or even suspect when the marriage dissolves. […]
Dividing Marital Debt in a Wisconsin Divorce
Marital property division in a Wisconsin divorce includes not only the division of assets but also division of marital debt. It is important to understand that regardless of who is ordered to pay marital debt, your contract with the creditor does not change. If your name is on a credit card or loan, you remain […]
Dividing Marital Property and Debt in Wisconsin
Wisconsin recognizes no fault divorce, on the grounds of irretrievable breakdown of the marriage. In general, no fault means that your relationship is no longer viable and cannot be repaired – it does not matter who is to blame for the breakdown of the marriage. After the decision to divorce is made, couples have many […]
Dividing Marital Property in a Divorce : Short Term Marriage Versus Long Term Marriage
Although Wisconsin is a community property state, which means couples split assets 50/50 in a divorce, the court has discretion to consider various factors when deciding what is fair and equitable when dividing marital assets. Two significant factors that the court will consider are the length of the marriage and the property each spouse brought […]
Wisconsin Marital Asset Division for the Stay at Home Mom
More than a quarter of mothers are stay-at-home moms in the U.S. who opt out of the workplace and a potential career to take care of their families. Often, this care-taking role not only includes juggling the children’s needs, but support the careers of spouses. When stay-at-home moms (or dads) get divorced, they may be […]
Financial Considerations When Dividing Marital Assets in a Divorce
Unless you have been through a divorce already, you will be faced with making decisions about finances and parenting without any point of reference. That is why it is important to have an experienced team on your side to navigate the legal, financial and emotional complexities you will more than certainly face during the process […]
When Separate Property Becomes Marital Property
Even though your name might not be on the title of the car or house, Wisconsin is a community property state in a divorce, so half of the marital assets are yours under most circumstances. This is regardless of whether your spouse earned more money or brought in all of the income during the marriage […]
Dividing Retirement Benefits
Poorly drafted divorce agreements involving dividing retirement benefits such as 401ks, IRAs and pensions are a common issue resulting in post-divorce litigation. Sometimes, specific details are not addressed in the agreement or a step in the execution process is overlooked. Unfortunately, not getting it right the first time can lead to the loss of valuable […]