Property Division | Menomonee Falls, WI | Zeckel John SC | 262-255-0724

Need a trusted lawyer
Call for free consultation

 

 

 

Divorce and Property Division

Know what you're entitled to during your divorce

In Wisconsin, the division of property between spouses in a divorce is known as division of community property. In deciding what a spouse is likely to retain in equitable distribution, it is important to evaluate what property is marital, and how the property acquired by the parties while they were married, and what if any non-marital property exists.

Marital property can include pensions, 401Ks, retirement plans, bank accounts, stocks, bonds, business assets, real property, cars, personal effects and gifts, and other wealth instruments. In many cases, a party may not be aware of exactly what financial assets his or her spouse may have.Under the statute of Wisconsin governing community property, which spouse will get what assists and what at what percentage basis. The court will strive to divide assists equally if they were accrued during the marriage.

The court will consider the following factors:

  • Length of marriage
  • Any prior marriage of either party
  • Age, health, station, and sources of income, vocational skills, employability, estate, liability and needs of each of the parties
  • Contributions by one party to the education, training, or increased earning power of the other party
  • Opportunity of each party for future acquisitions of capital assets and income
  • Contribution or dissipation of each party in the preservation,  depreciation or appreciation of the marital property, including the contribution of a party as homemaker
  • Value of property
  • Standard of living parties established during the marriage
  • Economic circumstances of each party
  • Whether the party will be servings as the custodian of any minor children

 

Let Attorney John F. Zeckel, SC
help with assisting you with the division of the property

Call 262-255-2050
N88 W166551 Main St, Menomonee Falls, WI 53052

© 2017 hibu,Inc.  All Rights Reserved | Privacy Policy