The valuation and division of assets is an important aspect. In order to value certain assets, other professionals may be involved in the case. For instance, a real estate appraiser or business valuator may be needed in order to determine value. Consideration must also be given to the determination of the extent of the liabilities and how those liabilities will be assigned to the parties. The assets and liabilities are referred to as the marital estate.
Under the law in Wisconsin, there is a presumption that the marital estate will be divided equally between the parties. The court can, however, consider a number of factors that may result in a division that is not equal. In addition, there are certain types of assets that are exempt from division entirely under certain circumstances.