Tuesday, September 7, 2010

Wisconsin's new Power of Attorney Act

As of September 1, 2010, Wisconsin has a new financial power of attorney act. Of course, you should be excited, at least if you are a certain segment of the legal profession in the state. After only a week, it seems that the new law will have attorneys advising clients and preparing documents differently. Articles, list serv discussions, and actual work for clients have us thinking through the range of possibilities.

Because the new law is so extensive, I will break up my comments on it into several topics. For now, I will simply link to the new chapter in the Wisconsin Statutes. (Just for comparison, the new law has an entire chapter in the statutes, where the predecessor statute was only a couple sections amounting to just a few pages.)

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