When to Hire an Asset & Property Division Lawyer in Wisconsin
When you’re dealing with problems related to divorce in and around Milwaukee, it’s important to have an experienced asset and property division lawyer to represent you. By taking the time to choose a professional litigator from the Will Green Law Office, you give yourself a better chance at success.
What Do the Courts in Wisconsin Consider When Dividing Property in a Divorce?
To conduct asset and property division during a Wisconsin divorce, it must be decided which is marital property and which is separate. Separate property is not subject to division, meaning that spouses get to keep things such as gifts received from someone other than their spouse, an inheritance, any property owned before the marriage, and property received after separation. Marital property, on the other hand, is always subject to division between spouses. This includes all property that is acquired by one or both spouses during the marriage using any marital funds.
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If you’re involved in a divorce, a custody case, a spousal-support case or assets division case let Will Green Law Office help you achieve the best results possible given the facts and the law regarding your situation. If you are considering a divorce in Milwaukee and have questions about how it will affect your children or your finances, give us a call for a free consultation.
Our Family Law Group is ready to handle family law matters of every kind, from non-litigated to the most sophisticated matters, Our experienced and compassionate attorneys have handled hundreds of cases involving complex family and divorce cases throughout Milwaukee. At Will Green Law Office our attorneys are there to assist you through this difficultprocess.Contact us for a free consultation.
When a couple decides to divorce, the courts split up both their assets and their debts. Dividing the debt is an essential factor of a couple’s net worth. If you are considering divorce and also know that your debt problem is out of control, it is in your best interest to choose an attorney skilled at handling both family law and bankruptcy. Attorney Will Green brings more than 25 years of experience to divorce debt cases.
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What Factors Do the Courts Consider During Asset and Property Division?
Because Wisconsin is a community property state, marital property is equally owned between divorcing spouses. When it comes to property and asset division, the courts look at the length of the marriage, the age and health of spouses, whether either spouse has substantial assets that aren’t subject to division, the property each spouse had brought into the marriage, each spouse’s contribution to the marriage, and the spouses’ earning capacity. Having considered these factors, the court may, for instance, award the equity in a marital home to the spouse with the lower future earning capacity.
Are Prenuptial Agreement Considered During This Process in Wisconsin?
The quick answer is yes. Prenuptial agreements or premarital agreements do impact property division in Wisconsin. It is one of many states that uses the Uniform Premarital Agreement Act, which states that if a valid prenuptial agreement (signed by both spouses on their free will) awards property to one spouse, then that property is no longer marital. It is worth noting, however, that spouses can agree to ditch their prenup and enter into different agreeable terms.
Call to Schedule a Free Legal Consultation with an Asset & Property Division Lawyer Today
If you have questions regarding asset and property division in Wisconsin, it is essential to hire a Milwaukee asset and property division lawyer. At the Will Green Law Office, we believe it is our job as your lawyer to advocate for you to get you the favorable outcomes you want and deserve. We do offer free legal consultations, where you can learn more about our experience and about the divorce process in Wisconsin. To schedule this important consultation with a professional asset and property division lawyer, call us at (414) 376-1777.
We serve clients in Milwaukee, Wauwatosa, West Allis, Greenfield, Brookfield, Glendale, and other surrounding Wisconsin communities.