Form Fa-4150v - Marital Settlement Agreement - Wisconsin Circuit Court Page 9
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11Marital Settlement Agreement With Minor Children
Page 9 of 10
Case No.
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The parents agree that these legal custody and physical placement arrangements
are in the best interests of the minor children at this time.
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Any court order regarding child support, legal custody, or physical placement is not
final and may be modified under an appropriate change of circumstances.
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If the court orders child support we must annually exchange financial information.
A party who fails to furnish the information as required by the court under this subsection
may be proceeded against for contempt of court under ch. 785 Wis. Stats.
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Any court order regarding the division of property is final as of the date of the final
hearing and can never be changed.
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There are certain legal presumptions under Wisconsin law, such as:
Marital property should be divided 50/50.
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Legal custody of minor children should be granted jointly to both parents.
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A child born or conceived during the marriage is presumed to be the
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husband’s child.
Q. VOLUNTARY EXECUTION / NATURE OF AGREEMENT
We assume equal responsibility for the entire content of this agreement. We have entered
into this marital settlement agreement freely and voluntarily and not because of any undue
influence. In some instances, the agreement represents a compromise of disputed issues.
We believe the terms to be fair and reasonable under the circumstances.
We acknowledge that there may be substantial legal and tax implications with regard to this
agreement. We understand that lack of knowledge of the law may not be sufficient to
convince the court that relief from these provisions is required. We acknowledge that each
of us has the right to seek the advice of our own personal attorney.
R. MUTUAL / GENERAL RELEASE
We release each other from any claim of any nature that may exist. Neither of us may, at
any time hereafter, sue the other, or our heirs, personal representatives, and assigns, for the
purpose of enforcing any or all of the rights relinquished and/or waived under this
agreement. We agree that in the event any suit shall be commenced, this release, when
pleaded, shall constitute a complete defense to any such claim or suit so instituted by the
other party. We understand that this mutual and general release shall not become effective
until this Marital Settlement Agreement is approved by the court.
S. FULL DISCLOSURE AND RELIANCE
We warrant to each other that there has been an accurate, complete, and current disclosure
of all income, assets, debts, and liabilities. We understand and agree that deliberate failure
to provide complete disclosure constitutes perjury under §767.127, Wis. Stats. and a fraud
upon the court. The property referred to in this agreement represents all the property in
which either party has any interest. This agreement is based on our financial disclosure
statements. We relied on these financial representations when entering into this agreement.
T. RESTRAINING ORDER
We agree to never interfere with the personal liberty of the other, or to go on the premises
occupied by the other as a residence except with permission of that party.
U. EXECUTION OF DOCUMENTS
Now, or in the future, on demand, we agree to execute and deliver any and all documents
that may be necessary to carry out the terms and conditions of this agreement.
V. DIVESTING OF PROPERTY RIGHTS
Except as otherwise provided for in this agreement, we give up all rights to the property
awarded to the other.
All property awarded to a party shall be the separate property of that party.
We shall have the right to manage our separate property as if we had never been married.
FA-4150V, 01/09 Marital Settlement Agreement With Minor Children
§767.34, Wisconsin Statutes
This form shall not be modified. It may be supplemented with additional material.
Page 9 of 10
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