Management of financial dealings can be granted to another to cover the needs related to real estate, vehicles, or businesses possessed by an issuing principal. Planning for future health care circumstances can be facilitated with a contract to denote a person’s wishes to suit their needs adequately. The information recorded will help in scenarios where the principal is incapacitated or deemed unfit to make medical decisions. The various medical power of attorney forms also indicates who will be nominated to make choices after the declarant is no longer able.
Laws
Statutes – Wisconsin Statutes – Uniform Power of Attorney for Finances and Property (§ 244-01 – 244-64)
Definition – “Power of attorney” means a writing or other record that grants authority to an agent to act in the place of the principal, whether or not the term power of attorney is used (§ 244-02).
Signing Requirements – Execution of a power attorney may demand the need for a witness or public notary present to certify the contract properly. Although many of the documents that cover health care require two (2) admissible witnesses, many of the financial forms will be obligate a notary’s assistance. Review the signing requirements for each form to determine how to validate the commitment sufficiently (§ 244-05).
By Type (11)
- Advance Directive (Medical POA & Living Will)
- Durable (Financial) Power of Attorney
- General (Financial) Power of Attorney
- Limited (Special) Power of Attorney
- Living Will
- Medical Power of Attorney
- Minor Child Power of Attorney
- Motor Vehicle Power of Attorney
- Real Estate Power of Attorney
- Revocation of Power of Attorney
- Tax Power of Attorney
Advance Directive (Medical POA & Living Will) – Confirms the allocation of rights to decide the prospective medical actions related to another contributing individual.
Download: Adobe PDF
Signing Requirements: Acknowledgement by two (2) witnesses deemed acceptable by the state of Wisconsin.
Durable (Financial) Power of Attorney – Authenticates the transfer of select powers to be assumed by an appointed attorney-in-fact to oversee the administration of established financial components.
Download: PDF
Signing Requirements: Acknowledgement by a practicing notary with accompanying endorsements to verify the event.
General (Financial) Power of Attorney – Equips an assignment of categorized rights to an alternate party to assist an individual in managing financial elements without the principal’s presence.
Download: PDF, Word (.docx)
Signing Requirements: Acknowledgement by a notary specialist is required by state law.
Limited (Special) Power of Attorney – Publishes a contractual account of disseminating an aspect of possessed authority from one person to another.
Download: PDF, Word (.docx)
Signing Requirements: Acknowledgement by a public notary.
Living Will – Employs a paper form to register an individual’s wishes regarding medical affairs.
Download: PDF
Signing Requirements: Acknowledgment from two (2) permissible witnesses defined by Wisconsin Statutes § 154-03(1).
Medical Power of Attorney – Articulates the various details inherent in a contract to assign a person to make choices concerning health care for another person should a situation arise, leaving the principal in an unconscious or similar state.
Download: PDF
Signing Requirements: Acknowledgment by two (2) witnesses allowed by Wisconsin Statutes § 154-03(1).
Minor Child Power of Attorney – Endows parental authority to an entrusted agent assigned by the legal parent or guardian.
Download: PDF
Signing Requirements: Acknowledgement by an actively-licensed notary to corroborate the execution of the document.
Motor Vehicle Power of Attorney – Dispenses permissions for a party to manage the transfer, registration, or titling of a vehicle.
Download: PDF, Word (.docx)
Signing Requirements: Acknowledgement required by a verified notary public.
Real Estate Power of Attorney – Transfers indicated controls affording a third party the ability to manage real estate holdings.
Download: PDF, Word (.docx)
Signing Requirements: Notary acknowledgment is needed to commemorate the authentication of the document’s signing.
Revocation of Power of Attorney – Negates a previously granted agreement to give agency of controls to another.
Download: PDF, Word (.docx)
Signing Requirements: Acknowledgement by a duly appointed notary official required.
Tax Power of Attorney – Creates the lawful appointment of a representative to handle tax issues as selected by the granting declarant.
Download: PDF
Signing Requirements: Acknowledgement by a witness is not required to affirm the contents of the state Form A-222.
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