Menomonee Falls Estate Planning Lawyer Explains Why Everyone Should Have a Power of Attorney Directive
It’s not the most comfortable topic thinking about the possibility of incapacitation or being near the end of life. It may not be comfortable, but it is important to talk about what might happen if you are unable to make decisions for yourself one day. If something were to happen to you, like a coma or vegetative state, would anyone know what you truly want regarding health care, finances or property matters? The best way to ensure your true desires are met in the event you cannot make important life decisions is power of attorney. Wisconsin power of attorney is available for everyone of “sound mind” over the age of 18. A living will is another option to make sure your end of life desires are met, however this only pertains to using life sustaining measures. It can cover everything from finances to health care operations. If you’ve lost the ability to make your own decisions, it will allow you to appoint an “agent” to make your important life decisions for you.
If you are over 18, it is incredibly important to have power of attorney ready in case something happens leaving you unable to make important life decisions for yourself. Without power of attorney, privacy laws may make it extremely difficult for your loved ones to even discuss your options with your doctors. If a person becomes incapacitated without appropriate POA documents, the court would have to be petitioned to give someone authority to handle your affairs. This can be a time consuming and expensive legal procedure, with requirements to report to the probate court each year. In the vast majority of cases, the proper POA documents avoid all probate court process. With an advanced directive like Wisconsin power of attorney, you’ll be able to designate a trusted person to take care of your affairs and make your decisions for you. This document can be tailored to your specific needs and desires, which ensures it covers all possibilities and events. Power of attorney in Wisconsin is also durable, meaning it will hold up past the point you are incapacitated which is usually the point it is most necessary.
It is not required to have a lawyer to create a power of attorney, however, the Menomonee Falls estate planning lawyers at McLario, Helm, Bertling, & Spiegel, S.C. recommend creating a comprehensive estate plan which includes power of attorney. With a thorough estate plan, you’ll be able to rest easy knowing your affairs will be in good hands and your family will be taken care of in the event something happens to you. Life holds many unexpected events and the future is uncertain, but you can eliminate some uncertainty by being prepared with an estate plan. If you are ready to create a full estate plan including power of attorney, our Menomonee Falls lawyers are here to help make sure your loved ones are set for the future.