Attorney-Approved Wisconsin General Power of Attorney Document
The Wisconsin General Power of Attorney form is a crucial legal document that allows individuals to designate another person, known as an agent, to make decisions on their behalf. This form is particularly important for managing financial and legal matters when the principal is unable to do so due to illness, absence, or incapacity. By completing this form, the principal grants broad authority to the agent, enabling them to handle tasks such as managing bank accounts, signing checks, and making investment decisions. Importantly, the form must be executed with the appropriate signatures and may require notarization to ensure its validity. Individuals should carefully consider the powers they are granting and choose a trustworthy agent, as this document can have significant implications for their financial well-being. Understanding the rights and responsibilities involved in this arrangement is essential for both the principal and the agent, making it imperative to approach this process with diligence and care.
Form Example
Wisconsin General Power of Attorney
This General Power of Attorney is established in accordance with the laws of the State of Wisconsin and grants the authority to an individual to act on another's behalf in various matters. Those creating a Power of Attorney should be aware of the Wisconsin Statutes, particularly those sections within Chapter 244 that govern the creation and usage of a Power of Attorney in Wisconsin.
Principal Information:
- Full Name: ______________________________________________________________
- Physical Address: ________________________________________________________
- City: ___________________________ State: WI Zip Code: ____________________
- Contact Number: _______________________________
Attorney-in-Fact Information:
- Full Name: ______________________________________________________________
- Physical Address: ________________________________________________________
- City: ___________________________ State: WI Zip Code: ____________________
- Contact Number: _______________________________
Hereby, the Principal grants the following powers to the Attorney-in-Fact to act on the Principal's behalf in the following areas:
- Real Estate Transactions
- Financial and Banking Affairs
- Personal and Family Maintenance
- Business Operations
- Insurance and Annuities
- Estate, Trust, and Other Beneficiary Interests
- Legal Claims and Litigations
- Tax Matters
- Social Security, Medicare, and Medicaid
This General Power of Attorney is effective upon the signature of the Principal and shall remain in effect until it is revoked in writing by the Principal or upon the death of the Principal.
Signature of Principal: ______________________________ Date: ________________
Signature of Attorney-in-Fact: _______________________ Date: ________________
State of Wisconsin
County of _________________________
Subscribed and sworn before me this _______ day of _______________, 20__.
__________________________________
Notary Public
My Commission Expires: __________________
File Specifications
| Fact Name | Description |
|---|---|
| Definition | A Wisconsin General Power of Attorney form allows one person to grant another person the authority to act on their behalf in financial and legal matters. |
| Governing Law | This form is governed by Wisconsin Statutes Chapter 244, which outlines the laws regarding powers of attorney. |
| Durability | The Wisconsin General Power of Attorney can be durable, meaning it remains effective even if the principal becomes incapacitated. |
| Agent's Authority | The agent has the authority to manage financial transactions, make legal decisions, and handle property matters as specified in the form. |
| Principal's Rights | The principal retains the right to revoke the power of attorney at any time, as long as they are mentally competent. |
| Signature Requirement | The form must be signed by the principal and witnessed by at least one adult or notarized to be valid. |
| Limitations | Some limitations may apply, especially regarding health care decisions, which require a separate form in Wisconsin. |
| Use Cases | This form is commonly used for managing finances, selling property, and handling business affairs when the principal cannot do so themselves. |
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