WI Bar Practice Questions - Wisconsin Bar Examination Exam

Under Wisconsin's Marital Property Act (Chapter 766), all property of spouses is presumed to be:

Individual property of the spouse who acquired it Marital property, except that which is classified otherwise by Chapter 766 - Wisconsin is a community property state with each spouse owning a 50% undivided interest in marital property Property of the spouse who earned the income Equally divided only at divorce

Correct Answer:

Marital property, except that which is classified otherwise by Chapter 766 - Wisconsin is a community property state with each spouse owning a 50% undivided interest in marital property

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