Fillable Power of Attorney Document for Wisconsin State

Fillable Power of Attorney Document for Wisconsin State

The Wisconsin Power of Attorney form is a legal document that allows an individual to designate another person to make decisions on their behalf. This form is particularly important for managing financial, legal, or health-related decisions if the individual is unable to do so themselves. To ensure your wishes are respected and legally acknowledged, fill out the Wisconsin Power of Attorney form by clicking the button below.

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In the realm of legal documents essential for planning one's financial and health-related decisions, the Wisconsin Power of Attorney (POA) form stands as a critical tool. This document enables individuals to appoint someone they trust, known as an agent, to manage their financial affairs or make healthcare decisions on their behalf, should they become incapacitated or unable to do so themselves. The significance of this form lies not only in the peace of mind it provides but also in its potential to prevent complicated legal challenges that can arise without its clear directives. Wisconsin law outlines specific requirements for creating a valid Power of Attorney, including the need for it to be witnessed or notarized, depending on the type. Furthermore, the person creating a POA, often referred to as the principal, has the flexibility to grant broad or limited powers to their chosen agent, tailoring the document to fit their unique circumstances and needs. A well-prepared Power of Attorney form is an indispensable component of comprehensive life planning, ensuring that an individual's financial and health decisions are in trusted hands.

Wisconsin Power of Attorney Example

This Wisconsin Power of Attorney document ("Power of Attorney") is executed under the authority of the Wisconsin Statutes Chapter 244, specifically related to the general durable power of attorney for finances and property. It allows the person designated as the Principal to appoint another person (the "Agent") to make decisions regarding the Principal's property, financial, or medical affairs should the Principal become unable to do so.

Principal Information:

  • Full Name: ___________________________
  • Address: _____________________________
  • City: ________________________________
  • State: Wisconsin
  • Zip Code: ____________________________
  • Phone Number: ________________________

Agent Information:

  • Full Name: ___________________________
  • Address: _____________________________
  • City: ________________________________
  • State: _______________________________
  • Zip Code: ____________________________
  • Phone Number: ________________________

This Power of Attorney shall be effective upon the signing of this document and will continue to be effective even if the Principal becomes incapacitated, disabled, or incompetent, in accordance with the laws of the state of Wisconsin.

The Agent is granted the following powers:

  1. Real property transactions
  2. Tangible personal property transactions
  3. Stock and bond transactions
  4. Commodity and option transactions
  5. Banking and other financial institution transactions
  6. Business operating transactions
  7. Insurance and annuity transactions
  8. Estate, trust, and other beneficiary transactions
  9. Claims and litigation
  10. Personal and family maintenance
  11. Benefits from social security, Medicare, Medicaid, or other governmental programs, or military service
  12. Retirement plan transactions
  13. Tax matters

Signature of Principal: ___________________________ Date: _________________

Signature of Agent: _____________________________ Date: _________________

Witness 1 Signature: ___________________________ Date: _________________

Witness 2 Signature: ___________________________ Date: _________________

This document is intended to be a Durable Power of Attorney for financial and property matters. It does not authorize anyone to make medical and other health-care decisions for you. You should select someone you trust to serve as your Agent to act on your behalf.

By signing this document, both the Principal and the Agent affirm that they understand their roles as defined by this Power of Attorney and agree to act accordingly and within the bounds of the law of Wisconsin.

This document must be signed in the presence of two adult witnesses, neither of whom is the Agent, and it is recommended to be notarized for added legal validity, though not required by Wisconsin state law.

Form Overview

Fact Description
Definition A Wisconsin Power of Attorney form is a legal document that grants someone the authority to act on another person's behalf in financial, medical, or other matters.
Types There are several types of Power of Attorney forms in Wisconsin, including General, Durable, Limited, and Health Care Powers of Attorney.
Durability In Wisconsin, a Power of Attorney can be durable, meaning it remains in effect even if the principal becomes incapacitated, provided it’s specified in the document.
Governing Law The Wisconsin Statutes Chapter 244 governs Power of Attorney forms in Wisconsin, specifically focusing on non-healthcare powers.
Witness Requirement For a Power of Attorney to be valid in Wisconsin, it must be signed in the presence of two witnesses or a notary public.

Documents used along the form

In Wisconsin, a Power of Attorney (POA) is a critical document that grants an individual (the agent) authority to act on behalf of another person (the principal) in financial, legal, and health matters. However, to ensure thorough planning and to cover various aspects of one's wishes, several additional forms and documents are often used alongside a Power of Attorney form. Understanding these documents can further safeguard an individual’s interests and ensure their wishes are honored.

  • Advance Health Care Directive: This document combines a living will and a health care power of attorney. It allows an individual to specify their preferences for medical treatment and end-of-life care, and it appoints a health care agent to make decisions if they are unable to do so themselves.
  • Living Will: A type of advanced health care directive, a living will outlines an individual's wishes regarding end-of-life medical treatments. It is used when the person becomes terminally ill or permanently unconscious and is unable to communicate their health care decisions.
  • Health Insurance Portability and Accountability Act (HIPAA) Authorization Form: This form permits health care providers to disclose the principal’s health information to specified individuals, including the agent designated in the Power of Attorney.
  • Last Will and Testament: This legal document outlines how an individual wants their property and assets distributed after they pass away. It is separate from a Power of Attorney, which is only effective during the individual’s lifetime.
  • Living Trust: A living trust is created during a person's lifetime and can be used to manage their assets. It names a trustee who is responsible for managing the assets placed in the trust for the benefit of the beneficiaries. A living trust can help avoid probate and provide for the management of assets if the individual becomes incapacitated.
  • Revocation of Power of Attorney: This form is used to cancel a previously executed Power of Attorney. It is important when an individual wishes to change the designated agent or no longer requires the POA.

When preparing for the future, especially in legal and health matters, it's crucial to consider the full suite of documents that might be needed alongside the Wisconsin Power of Attorney. These documents can provide a detailed roadmap for one's care and the handling of their affairs, ensuring their wishes are carried out as intended. It's advisable to consult with a legal professional to understand the full implications of each document and how they work together to form a comprehensive estate plan.

Consider Some Other Power of Attorney Templates for Specific States