i own my home outright in wi. ive had it appraised at 55000 can i do a no contest divorce settlement with my wife giving her the house free and clear

 The answer to your question is yes and no. The  yes part, deals with trading the equity in the house for the waiver of maintenance. That you can clearly do by an  agreement. However, you cannot waive or terminate child support as that is a right that belongs  to the children. You would have to explain in your settlement agreement why child support is being held open, and  that it would be subject to modification on a change of substantial circumstances in the future in the event that she wanted child support from you.