A Wisconsin limited power of attorney designates an authorized representative (agent) to make decisions on behalf of the principal in a limited capacity. When a principal executes a limited power of attorney (LPOA), they will enter each task they would like their agent to carry out. The agent only has the authorization to perform these assignments and has no control over any other aspect of the principal’s estate or finances.
Just like all other powers of attorney, the agent is obligated to always act with the principal’s best interests in mind. An LPOA can be terminated upon a specified date, upon the completion of the agent’s duties, or upon the signing of a revocation document, whichever comes first.
Signing Requirements (§ 244.05) – Notary Public