Stillings & Buchinger, LLC
Wisconsin Marital Property Law
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Wisconsin marital property Law assumptions
Wisconsin law presumes that all property and all debts in existence at the time of the divorce are joint and mutual. There are exceptions for property acquired by gift or inheritance. The presumed equal division of property and debts can be altered under some circumstances.
Division of Debts Under Wisconsin Marital Property Law
Wisconsin law presumes that all debts arise from the marriage, therefore, all debts are equally born by the spouses. Exceptions can exist for debts incured without a spouses knowledge or for illicit or immoral purposes.
Division of Assets Under Wisconsin marital Property Law
Wisconsin law begins with the assumption that all assets acquired during the marriage are marital property.
Gifts and inheritances are an exception provided they are kept separate and apart from the marital assets.
Free Initial Consultation
Attorney Gordon E. Stillings and Attorney Melody Buchinger offer a free initial consultation.
To arrange an initial consultation with one of the attorneys, please call the law office at (920) 725-5305 (toll free at 1-866-249-2582) or e-mail the attorneys directly.