Wisconsin is a marital property state. This means that while you are married all of your income, assets and liabilities during the marriage is considered marital property and there for it is 50/50 in nature with each spouse owning a 50% interest. This applies to all income, assets and liabilities that she has generated during the marriage as well. One way to legally avoid this situation is if you and your wife have a signed agreement whereby you each designate which properties or assets, incomes, and liabilities are exclusively your own. If you and your wife do not have such an agreement then anything you own with your fiancรฉ has a marital property component and your wife has a claim.
Answered on Apr 18th, 2013 at 3:07 PM