A Wisconsin general power of attorney (GPOA) is a document that allows you to appoint a trusted individual to manage your financial matters. This is particularly useful if you are unavailable due to reasons like extended vacations or military deployment.
It’s crucial to select your agent carefully, as they will have significant power over your finances. This power automatically ends if you become incapacitated and are medically declared unable to communicate. If you prefer the agent to retain their authority even in such circumstances, consider the Wisconsin Durable POA instead.
Laws — Chapter 244 (Uniform Power of Attorney for Finances and Property).
Authority (WSA. 244.41) – Your chosen agent will have the authority to act on your behalf in financial affairs, with the scope of this authority defined in the form.
Signing Requirements (§ 244.05) – The document must be notarized to be valid.
Presumption of Durability (§ 244.04) – Yes, it’s assumed durable unless stated otherwise in the “Special Instructions” section.
