Marital property agreements, also known as prenuptial or post-nuptial agreements, are an effective way of defining how property should be distributed in the event of a divorce. They are also an effective estate planning tool. A marital property agreement is a flexible written document exclusively between spouses setting out each spouse’s rights and obligations with respect to both spouses’ property regardless of when it was acquired. Typically, Wisconsin law treats income and possessions acquired by a couple after their...

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