Attorney-Approved Wisconsin Durable Power of Attorney Document
In the state of Wisconsin, a Durable Power of Attorney (DPOA) is a crucial legal document that empowers an individual, known as the "principal," to designate another person, referred to as the "agent" or "attorney-in-fact," to make decisions on their behalf. This form is particularly important for managing financial and healthcare matters when the principal is unable to do so due to illness, injury, or incapacity. By utilizing the DPOA, individuals can ensure that their preferences regarding medical treatment, financial transactions, and other personal affairs are respected and carried out by someone they trust. The Wisconsin Durable Power of Attorney form is designed to be straightforward, allowing for customization to fit the specific needs of the principal. It includes sections that outline the scope of authority granted to the agent, which can range from general powers to more limited, specific powers. Additionally, the form requires the principal's signature and the signature of a witness or notary, emphasizing the importance of formalizing this critical decision. Understanding the nuances of this document can help individuals safeguard their interests and maintain control over their lives, even in challenging circumstances.
Form Example
Wisconsin Durable Power of Attorney
This Wisconsin Durable Power of Attorney ("Document") is designed to comply with the state-specific laws and requirements of Wisconsin, including the Wisconsin Statutes, specifically Chapter 244, which governs durable powers of attorney. By completing this Document, the Principal grants authority to an Agent to act on the Principal's behalf regarding certain matters detailed herein. It is essential for the Principal to choose someone they trust deeply as their Agent, as this individual will have significant control over aspects of their life and finances.
Parties Involved
Principal Information:
- Full Name: _________________________
- Address: ___________________________
- City: _____________, State: Wisconsin, Zip Code: __________
- Phone Number: ______________________
Agent Information:
- Full Name: _________________________
- Address: ___________________________
- City: _____________, State: __________, Zip Code: __________
- Phone Number: ______________________
Powers Granted
This Document grants the Agent the authority to act in the Principal's stead for the following matters (initial beside each power you are granting):
- ___ Real Property Transactions
- ___ Banking and other Financial Institution Transactions
- ___ Personal and Family Maintenance
- ___ Government Benefits
- ___ Retirement Plan Transactions
- ___ Taxes
- ___ Insurance and Annuities
- ___ Estate, Trust, and Other Beneficiary Transactions
- ___ Claims and Litigation
- ___ All Other Matters
Effective Date and Duration
This Document will become effective upon the signature of the Principal and shall remain effective indefinitely unless a specific termination date is noted below or the Document is revoked in writing by the Principal.
- Effective Date: _______________
- Termination Date (if applicable): _______________
Signatures
To make this Document effective, it must be signed by the Principal in the presence of a notary public or two adult witnesses, neither of whom can be the Agent named in this Document. Wisconsin law has specific requirements concerning witnesses and notarization, which must be adhered to for this Document to be considered legally valid.
Principal's Signature: ___________________ Date: _____________
Agent's Signature: _____________________ Date: _____________
Witness 1's Signature: ___________________ Date: _____________
Print Name: _______________________________
Witness 2's Signature: ___________________ Date: _____________
Print Name: _______________________________
Notary Public: (If applicable)
State of Wisconsin
County of _______________________
On this ____ day of ___________, 20___, before me, _______________________________ (Notary's printed name), personally appeared _______________________________ (Principal's printed name), known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument and acknowledged that they executed the same for the purposes therein contained.
In witness whereof I hereunto set my hand and official seal.
__________________________________
Notary Public (Signature)
My commission expires: ____________
File Specifications
| Fact Name | Details |
|---|---|
| Definition | A Wisconsin Durable Power of Attorney allows an individual to appoint someone to make financial and legal decisions on their behalf, even if they become incapacitated. |
| Governing Law | This form is governed by Wisconsin Statutes Chapter 243, which outlines the rules and requirements for durable powers of attorney in the state. |
| Durability | The term "durable" signifies that the power of attorney remains effective even if the principal becomes mentally incapacitated. |
| Revocation | The principal can revoke the Durable Power of Attorney at any time, as long as they are mentally competent to do so. |
| Agent's Authority | The agent's authority can be broad or limited, depending on the principal's specifications outlined in the form. |
| Witness Requirements | The form must be signed in the presence of two witnesses or a notary public to be valid in Wisconsin. |
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