Wisconsin Property Division Worksheet
Start discussing and valuing assets and debts to avoid conflicts in court.
Dividing marital assets during a divorce can be difficult and many times make divorce cases cost more than they should. The best way to approach a divorce is to understand what the law says about property, assets, and debts beforehand, so you know what to expect.
Wisconsin is a community property state which means, generally, everything owned by a married couple is divisible equally. Even though this may seem unfair, especially if one spouse contributed more to the breakdown of the marriage, but this is the law. Also, any assets acquired before the marriage are considered separate property and are owned only by that original owner.
There are exceptions to the law, such as inheritance, student loans, and marital waste. If any of these apply you should speak to a lawyer so your rights are protected and your financial future is more secure.
Download our property division worksheet to begin understanding what your property division may look like and what you may need to give up in order to keep the house or your pension.
References: How Community Property States are Different
Property Division Articles & Frequent Questions
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