(DOWNLOAD) "James F. Shepherd v. Gail Shepherd" by Supreme Court of Wisconsin * Book PDF Kindle ePub Free
eBook details
- Title: James F. Shepherd v. Gail Shepherd
- Author : Supreme Court of Wisconsin
- Release Date : January 03, 1994
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 61 KB
Description
The parties were married on September 30, 1978. Prior to their marriage, the parties executed a prenuptial agreement. The agreement provided, in pertinent part, that each party waived any interest in the other partys property brought into the marriage for five years from the date of marriage. The agreement provided, however, that in the event the parties resided in defendants premarital home for a period exceeding six months after their marriage, title to the property would be conveyed to them as tenants-in-common. This conveyance would be subject to a lien in favor of defendant in the amount equal to the fair market value of the property, less encumbrances, at the time of the conveyance. Although the parties resided in defendants premarital home throughout their marriage, no conveyance of title was ever made. The agreement also required each party to waive any interest or claim to any gift, devise, bequest, or inheritance received by the other party during the first five years of marriage. After the first five years of marriage, each party was to become vested with one-quarter interest in the premarital property of the other party, as well as any gift, devise, bequest, or inheritance received by the other party. The agreement further provided that after ten years of marriage, each partys interest in the others separate property was to increase from one-quarter to one-half.