As you go through a divorce, you may decide that you don’t want to lose your house. For instance, perhaps your spouse has proposed selling the home and splitting up the money that you earn in the sale. After all, you both have a right to the house because you are...
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Property Division
Can you require your child to get a prenup?
Prenuptial agreements have become increasingly common. People are realizing that even if they don’t have a fortune to protect, they still want to lay down some ground rules for who walks away with what should the marriage someday end. Further, a Wisconsin prenup...
What happens when marital and non-marital assets commingle?
Under Wisconsin law, assets acquired during the marriage are to be split between spouses during a divorce. Assets owned before the marriage are excluded from division. However, it’s not always clear-cut. These two classes of property can sometimes mix during the...
Can you keep the house in property division?
As you and your spouse move toward divorce, you may have one goal: keeping your home. Maybe you simply don’t want to move. Perhaps it’s the home you’ve always dreamed of owning, and you’re not ready to leave it. Or maybe the housing market is prohibitively expensive,...
How to avoid a spouse’s debt in a Wisconsin divorce
When a couple decides on divorce, each party may have financial concerns, especially if significant debt is involved. Debt division can be particularly stressful for spouses who are married to partners with poor money habits. Understanding how debt is divided in a...
How much of a retirement account is at risk in a divorce?
Concerns about finances often dominate the early stages of divorce. People are unsure of what might happen with their property and how much divorce might cost. Some people may even delay filing because they fear the economic impact that the end of the marriage could...
What should you consider regarding the marital home in divorce?
One of the tasks that must be done when a couple divorces is to divide marital property. In many cases, one of the largest assets that has to be handled is the marital home. If you’re going through a divorce, you should understand the options that are possible for...
How debt can affect the property division process in Wisconsin
Couples in Wisconsin tend to share all of their resources and obligations, from their homes to their mortgages. If someone files for divorce, addressing the marital estate to divide it between the spouses is a necessary part of that process. Most people recognize that...
How to decide whether to keep or sell your house during divorce
A marital home often holds a deep emotional significance for couples. During divorce proceedings, deciding what to do with this shared asset can be overwhelming and confusing. Should you keep the house and create a fresh start within its familiar walls, or sell it and...
3 behaviors that could constitute dissipation of marital assets
Divorce has a way of bringing out the worst behavior in people. Individuals who have previously treated each other with respect and affection may become cruel and malicious toward one another during a divorce. Someone who has previously shared generously with their...