Establishing a Power of Attorney in Madison
Trustworthy & Experienced Madison Estate Planning Lawyers
Do you have concerns about your affairs being handled if you become disabled
or incapacitated? Since life is uncertain and illness or accident can
occur without warning, the attorneys at
Balisle Family Law Legal Counsel, S.C., strongly encourage our clients to have powers of attorney in place.
Understanding the Types of Powers of Attorney
There are several different types of powers of attorney:
Health care power of attorney: A health care power of attorney is used to designate an agent to make
health care decisions on one's behalf should he or she become incapacitated
or seriously disabled.
Durable power of attorney: A durable financial power of attorney is used to designate an agent to
manage one's financial affairs should he or she become incapacitated
or seriously disabled. Although they are intended to be used when a person
is incapacitated, they are, in fact, effective upon execution.
General power of attorney: A power of attorney is a document that allows someone to delegate property
management powers to another person.
Planning Ahead for the Future
All different types of powers of attorney are limited to the specific powers
and the intentions as expressed in the power of attorney document. An
agent cannot act unilaterally or contrary to the principal's wishes.
Each kind of power of attorney is critical for anyone in a committed, non-marital
relationship who wants his or her partner to have the right to make important
health care and financial decisions. Our legal team at Balisle Family
Law Legal Counsel, S.C., can help you express your wishes in your power
of attorney documents.
Contact us today at (608) 765-1001 to set up a
case evaluation with a Madison estate planning attorney.