The Wisconsin durable power of attorney form grants an agent the authority to represent another individual and make financial decisions on their behalf. The individual executing the power of attorney is known as the “principal,” and the person they select as their financial representative is called an “attorney-in-fact” or “agent.” Unlike the general power of attorney, the durable version remains in effect under the unfortunate circumstances that the principal may no longer be able to think for themselves.
The powers granted are as follows and may be modified to the principal’s request(s):
“Durable” Definition – § 244.02(2)
Laws – § 244.04
Signing Requirements – Notary Public (§ 244.05)