Power of Attorney in Wisconsin
People often think of estate planning as only covering what will happen after death. However, a comprehensive estate plan will not only cover what will happen once you die, but will also provide explicit instructions for your finances and health care should you ever become incapacitated. Through the execution of a power of attorney documents, you can be assured that your financial and medical decisions will be made by a trusted individual of your choosing in the event that you are physically or mentally unable to make decisions for yourself.
Rarely is an estate plan complete without the increasingly important health care and financial powers of attorney. These documents, while easily incorporated into an estate plan, often are some of the most important and effective documents in planning for the future and the unexpected.
Health Care Power of Attorney
A power of attorney for health care outlines your wishes in the event that you become incapacitated. This document details whether you desire life-prolonging medical care and designates an agent to make all your medical decisions in the event you are unable to communicate your desires. It also allows you to indicate whether you wish to make anatomical gifts during lifetime and at death.
Financial Power of Attorney
A power of attorney for finances allows an agent to act as an attorney-in-fact for you in the event you become incapacitated or incompetent. Your agent is authorized to make financial decisions on your behalf. You can also nominate a guardian in the event one needs to be appointed on your behalf.
Contact Us for a Consultation With One of Our Estate Planning Lawyers
Our estate planning attorneys at Doar, Drill & Skow can help you express your wishes regarding property management in a durable financial power of attorney and can help you express your wishes regarding health care decisions in your health care power of attorney. For a consultation with one of our estate planning attorneys at Doar, Drill & Skow, call 877-362-7529 toll free or contact us online. Located in New Richmond, we serve clients throughout western Wisconsin.