Wisconsin Basic Power Of Attorney For Finances And Property

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WISCONSIN BASIC POWER OF ATTORNEY
FOR FINANCES AND PROPERTY
SECTION 243.10
NOTICE: THIS IS AN IMPORTANT DOCUMENT. BEFORE SIGNING THIS DOCUMENT, YOU
SHOULD KNOW THESE IMPORTANT FACTS. BY SIGNING THIS DOCUMENT, YOU ARE NOT
GIVING UP ANY RIGHTS TO CONTROL YOUR FINANCES AND PROPERTY YOURSELF.
IN
ADDITION TO YOU OWN POWERS AND RIGHTS, YOU ARE GIVING ANOTHER PERSON, YOUR
AGENT, BROAD POWERS TO HANDLE YOUR FINANCES AND PROPERTY. THIS BASIC POWER
OF ATTORNEY FOR FINANCES AND PROPERTY MAY GIVE THE PERSON WHOM YOU
DESIGNATE (YOUR “AGENT”) BROAD POWERS TO HANDLE YOUR FINANCES AND PROPERTY,
WHICH MAY INCLUDE POWER OF ENCUMBER, SELL OR OTHERWISE DISPOSE OF ANY REAL
OR PERSONAL PROPERTY WITHOUT ADVANCE NOTICE TO YOU OR APPROVAL BY YOU. THE
POWERS WILL EXIST AFTER YOU BECOME DISABLED, OR INCAPACITATED, IF YOU CHOOSE
THAT PROVISION. THIS DOUCMENT DOES NOT AUTHORIZE ANYONE TO MAKE MEDICAL OR
OTHER HEALTH CARE DECISIONS FOR YOU. IF YOU OWN COMPLEX, OR SPECIAL ASSETS
SUCH AS A BUSINESS, OR IF THERE IS ANYTHING ABOUT THIS FORM THAT YOU DO NOT
UNDERSTAND, YOU SHOULD ASK A LAWYER TO EXPLAIN THIS FORM TO YOU BEFORE YOU
SIGN IT.
IF YOU WISH TO CHANGE YOUR BASIC POWER OF ATTORNEY FOR FINANCES AND
PROPERTY, YOU MUST COMPLETE A NEW DOCUMENT AND REVOKE THIS ONE. YOU MAY
REVOKE THIS DOCUMENT AT ANY TIME BY DESTROYING IT, BY DIRECTLY ANOTHER
PERSON TO DESTROY IT IN YOUR PRESENCE OR BY SIGNING A WRITTEN AND DATED
STATEMENT EXPRESSING YOUR INTENT TO REVOKE THIS DOCUMENT. IF YOU REVOKE THIS
DOCUMENT, YOU SHOULD NOTIFY YOUR AGENT AND ANY OTHER PERSON TO WHOM YOU
HAVE GIVEN A COPY OF THIS FORM. YOU ALSO SHOULD NOTIFY ALL PERSONS HAVING
CUSTODY OF YOUR ASSETS. THESE PARTIES HAVE NO RESPONSBILITY TO YOU UNLESS YOU
ACTUALLY NOTIFY THEM OF THE REVOCATION. IF YOU AGENT IS YOUR SPOUSE AND YOUR
MARRIAGE IS ANNULLED, OR YOU ARE DIVORCED AFTER SIGNING THIS DOCUMENT, THIS
DOCUMENT IS INVALID.
SINCE SOME THIRD PARTIES OR SOME TRANSACTIONS MAY NOT PERMIT USE OF THIS
DOCUMENT, IT IS ADVISABLE TO CHECK IN ADVANCE, IF POSSIBLE, FOR ANY SPECIAL
REQUIREMENTS THAT MAY BE IMPOSED.
YOU SHOULD SIGN THIS FORM ONLY IF THE AGENT YOU NAME IS RELIABLE, TRUSTWORTHY
AND COMPETENT TO MANAGE YOUR AFFAIRS.

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