A Wisconsin Statutory Power of Attorney Form permits a person to select and document a financial representative that can legally represent their financial interests and desires concerning assets such as real estate and businesses. It is also vital to be aware of the fact that these powers could also become exerted even if the principal is incapacitated or classed as medically unfit by a doctor.
As the financial choices made by the agent could affect the life of the principal quite seriously, this selected person must be trustworthy and needs to understand that they need to be reachable in the event that a deal comes along.
You should also be aware of any sign requirements regarding your drafted Wisconsin Statutory Power of Attorney. In Wisconsin, this requirement stipulates that the principal should sign the document in front of a notary public. Failing to do so will put the validity of the document at risk.
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