Wisconsin is a marital property state. This means that when a couple divorces in Wisconsin, there is a presumption that the couple’s assets and liabilities will be divided equally, with each spouse taking one-half of the property and one-half of the debt. Although there are exceptions, this is generally true for assets titled in both spouses’ names as well as property held by one spouse individually.
However, that presumption can be overcome if the court determines there is reason to do so. When evaluating requests to deviate from the marital property standard, Wisconsin courts evaluate these factors:
Every couple’s financial situation, and every divorce, is different. Your divorce attorney will play a key role in helping you obtain your fair share of your marital estate. At Schott, Bublitz & Engel, s.c.., we understand that the share of property you receive in your divorce can impact your finances for years to come. We are passionate about helping you start the next chapter of your life on solid financial ground.
To learn more about how a skilled Family Law Attorney can advocate for your rights, contact Schott Bublitz & Engel, s.c. in Waukesha online, or call us at 262.827.1700 today.