Wisconsin's status as a community property state requires a 50/50 division of marital assets and debts. The court may consider your retirement fund to be shared property if you contributed to the account during the marriage. Learn more about the possible fate of your...
Ask anyone who’s getting divorced what questions most concern them, and you’ll come across a familiar shortlist of items. Typically, two items rank right at or near the top: child custody and the house. Let’s set aside the questions of child custody for now and focus...
News media has in recent days been reporting on the wild fluctuations in value of the cryptocurrency Bitcoin. The digital money soared to more than $63,000 back in April but has retreated to around $32,500 as we write this post to our Milwaukee Family Law Blog in...
When you and your spouse founded your company, you never considered divorce and what would happen to the business as a result. Under Wisconsin law, your business is a marital asset that, like other assets, is in line for equal division. How will this work? Considering...
There is a lot of talk about protecting finances in a divorce and separating assets. Few people in Wisconsin remember to focus on protecting their credit as well. Note that a divorce may not have a direct impact on credit scores. However, it may have indirect effects,...
When it comes to divorce in Wisconsin, trying to navigate financial separation can increase the tension. Sometimes the negative emotions arise from not just deliberately malicious behavior but financial mistakes on both parts. This can put the financial future of both...
When it comes to filing for a divorce in Wisconsin, the Date of Separation is important. According to Forbes, the DOS may be decided based on when one party moved out of the house, when the couple physically separated or when the person filing for divorce announced...
Whether you're a collector or an artist, works of art likely hold quite a bit of value you in your life. That's why it can be so difficult for divorcing couples to decide who gets what when the marriage ends. While the property division rules in your state will...
Anyone in Wisconsin who has ever gone through a divorce can probably attest that it can be a highly emotional, heart-wrenching process. However, once you take your emotions out of the equation, divorce is really about dividing your assets and debts so you can start...
When marital property is split up, all sorts of different problems may arise. Some people may become very upset with the way in which marital property was split up, while others may suffer negative financial consequences. Moreover, losing property can have more than...