Wisconsin § 767.63 Disposed assets may be subject to division.

Wisconsin Statutes

§ 767.63 — Disposed assets may be subject to division.

Wisconsin § 767.63

Ch. 767Actions affecting the family

Subch.subch. VII of ch. 767 SUBCHAPTER VII

PROPERTY DIVISION

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Bluebook

Wis. Stat. § 767.63 (2026).

Text

767.63  In an action affecting the family, except an action to affirm marriage under s. 767.001 (1) (a) , any asset with a fair market value of $500 or more that would be considered part of the estate of either or both of the parties if owned by either or both of them at the time of the action and that was transferred for inadequate consideration, wasted, given away, or otherwise unaccounted for by one of the parties within one year prior to the filing of the petition or the length of the marriage, whichever is shorter, is rebuttably presumed to be property subject to division under s. 767.61 and is subject to the disclosure requirement of s. 767.127 . Transfers that resulted in an exchange of assets of substantially equivalent value need not be specifically disclosed if those assets are o

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767.63 In an action affecting the family, except an action to affirm marriage under s. 767.001 (1) (a) , any asset with a fair market value of $500 or more that would be considered part of the estate of either or both of the parties if owned by either or both of them at the time of the action and that was transferred for inadequate consideration, wasted, given away, or otherwise unaccounted for by one of the parties within one year prior to the filing of the petition or the length of the marriage, whichever is shorter, is rebuttably presumed to be property subject to division under s. 767.61 and is subject to the disclosure requirement of s. 767.127 . Transfers that resulted in an exchange of assets of substantially equivalent value need not be specifically disclosed if those assets are otherwise identified in the statement of net worth.

Legislative History

767.63 History History: 1977 c. 105 ; 1979 c. 32 ss. 50 , 92 (4) ; 1979 c. 352 s. 39 ; Stats. 1979 s. 767.275; 2005 a. 443 s. 124 ; Stats. 2005 s. 767.63.