AB610,12,43
_____ 6.
BORROWING: My agent may borrow money and encumber my assets
4for loans as considered necessary.
AB610,12,85
_____ 7.
SECURITIES: My agent may buy, sell, pledge and exchange securities
6of all kinds in my name; sign and deliver in my name transfers and assignments of
7securities; and consent in my name to reorganizations, mergers or exchange of
8securities for new securities.
AB610,12,129
_____ 8.
INCOME TAXES: My agent may make and sign tax returns; represent
10me in all income tax matters before any federal, state, or local tax collecting agency;
11and receive confidential information and perform any acts that I may perform,
12including receiving refund checks and the signing of returns.
AB610,12,1413
_____ 9.
TRUSTS: My agent may transfer at any time any of my property to
14a living trust that has been established by me before the execution of this document.
AB610,12,1515
Professional and technical assistance
AB610,12,2017
_____ 10.
LEGAL ACTIONS: My agent may retain attorneys on my behalf;
18appear for me in all actions and proceedings to which I may be a party; commence
19actions and proceedings in my name; and sign in my name all documents or pleadings
20of every description.
AB610,12,2321
_____ 11.
PROFESSIONAL ASSISTANCE: My agent may hire accountants,
22attorneys, clerks, workers and others for the management, preservation and
23protection of my property and estate.
AB610,12,2424
General Authority
AB610,13,7
1_____ 12.
GENERAL: My agent may do any act or thing that I could do in my
2own proper person if personally present, including managing or selling tangible
3assets, disclaiming a probate or nonprobate inheritance and providing support for
4a minor child or dependent adult. The specifically enumerated powers of the basic
5power of attorney for finances and property are not a limitation of this intended
6broad general power except that my agent may not take any action prohibited by law
7and my agent under this document may not:
AB610,13,88
a. Make medical or health care decisions for me.
AB610,13,99
b. Make, modify or revoke a will for me.
AB610,13,1210
c. Other than a burial trust agreement under section 445.125, Wisconsin
11Statutes, enter into a trust agreement on my behalf or amend or revoke a trust
12agreement, entered into by me.
AB610,13,1613
d. Change any beneficiary designation of any life insurance policy, qualified
14retirement plan, individual retirement account or payable on death account or the
15like whether directly or by canceling and replacing the policy or roll over to another
16plan or account.
AB610,13,1817
e. Forgive debts owed to me or disclaim or waive benefits payable to me, except
18a probate or nonprobate inheritance.
AB610,13,1919
f. Appoint a substitute or successor agent for me.
AB610,13,2020
g. Make gifts.
AB610,13,2121
COMPENSATION TO AGENT FROM PRINCIPAL'S FUNDS
AB610,13,2523
_____ 13.
compensation. My agent may receive compensation only in an
24amount not greater than that usual for the services to be performed if expressly
25authorized in the special instructions portion of this document.
AB610,14,63
_____ 14.
accounting. My agent shall render an accounting (monthly)
4(quarterly) (annually) (CIRCLE ONE) to me or to .... (insert name and address)
5during my lifetime and a final accounting to the personal representative of my estate,
6if any is appointed, after my death.
AB610,14,77
Nomination of guardian
AB610,14,119
_____ 15.
GUARDIAN: If necessary, I nominate .... (name) of .... (address) as
10guardian of my person and I nominate .... (name) of .... (address) as guardian of my
11estate.
AB610,14,1212
special instructions
AB610,14,1414
_____ 16.
SPECIAL INSTRUCTIONS:
AB610,14,1615
ON THE FOLLOWING LINES YOU MAY GIVE SPECIAL INSTRUCTIONS
16REGARDING THE POWERS GRANTED TO YOUR AGENT.
AB610,15,117
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
18. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
19. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
20. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
21. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
22. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
23. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
24. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
AB610,15,73
TO ESTABLISH WHEN, AND FOR HOW LONG, THE BASIC POWER OF
4ATTORNEY FOR FINANCES AND PROPERTY IS IN EFFECT, YOU MUST
5INITIAL ONLY ONE OF THE FOLLOWING 3 OPTIONS. IF YOU DO NOT
6INITIAL ONE, OR IF YOU INITIAL MORE THAN ONE, THIS BASIC POWER OF
7ATTORNEY FOR FINANCES AND PROPERTY WILL NOT TAKE EFFECT.
AB610,15,119
_____ This basic power of attorney for finances and property becomes effective
10when I sign it and will continue in effect as a durable power of attorney under section
11243.07, Wisconsin Statutes, if I become disabled or incapacitated.
AB610,15,1312
_____ This basic power of attorney for finances and property becomes effective
13only when both of the following apply:
AB610,15,1414
a. I have signed it; and
AB610,15,1515
b. I become disabled or incapacitated.
AB610,15,1816
_____ This basic power of attorney for finances and property becomes effective
17when I sign it
but will cease to be effective if I become disabled
18or incapacitated.
AB610,15,2319
I agree that any 3rd party who receives a copy of this document may act under
20it. Revocation of this basic power of attorney is not effective as to a 3rd party until
21the 3rd party learns of the revocation. I agree to reimburse the 3rd party for any loss
22resulting from claims that arise against the 3rd party because of reliance on this
23basic power of attorney.
AB610,15,2424
Signed this .... day of ...., (year)
AB610,16,1
1(Your Signature)
AB610,16,33
(Your Social Security Number)
AB610,16,104
By signing as a witness, I am acknowledging the signature of the principal who
5signed in my presence and the presence of the other witness, and the fact that he or
6she has stated that this power of attorney reflects his or her wishes and is being
7executed voluntarily. I believe him or her to be of sound mind and capable of creating
8this power of attorney. I am not related to him or her by blood
or, marriage
or
9adoption, and, to the best of my knowledge, I am not entitled to any portion of his or
10her estate under his or her will.
AB610,16,1111
Witness: ....
AB610,16,1212
Dated: ....
AB610,16,1414
Print Name: .....
AB610,16,1515
Address: ....
AB610,16,1616
Witness: ....
AB610,16,1717
Dated: ....
AB610,16,1919
Print Name: .....
AB610,16,2020
Address: ....
AB610,16,2121
State of ....
AB610,16,2222
County of ....
AB610,16,2423
This document was acknowledged before me on .... (date) by .... (name of
24principal).
AB610,17,1
1(Signature of Notarial Officer)
AB610,17,22
(Seal, if any)
AB610,17,44
[My commission is permanent or expires: .... ]
AB610,17,75
BY ACCEPTING OR ACTING UNDER THE APPOINTMENT, THE AGENT
6ASSUMES THE FIDUCIARY AND OTHER LEGAL RESPONSIBILITIES AND
7LIABILITIES OF AN AGENT.
AB610,17,99
(Name of Agent)
AB610,17,1111
(Signature of Agent)
AB610,17,1312
This document was drafted by .... (signature of person preparing the
13document).
AB610, s. 18
14Section
18. 252.15 (1) (eg) of the statutes is amended to read:
AB610,17,1815
252.15
(1) (eg) "Relative" means a spouse, parent, grandparent, stepparent,
16brother, sister, first cousin, nephew or niece; or uncle or aunt within the 3rd degree
17of kinship as computed under s. 852.03 (2), 1995 stats. This relationship may be by
18consanguinity or direct affinity blood, marriage or adoption.
AB610, s. 19
19Section
19. 421.301 (32) (c) of the statutes is amended to read:
AB610,17,2120
421.301
(32) (c) An ancestor or lineal descendant
, by blood or adoption, of the
21natural person or that person's spouse; and
AB610, s. 20
22Section
20. 421.301 (32) (d) of the statutes is amended to read:
AB610,17,2523
421.301
(32) (d) Any other relative, by blood
or, marriage
or adoption, of the
24natural person or that person's spouse who shares the same home with the natural
25person.
AB610, s. 21
1Section
21. 421.301 (33) (d) of the statutes is amended to read:
AB610,18,32
421.301
(33) (d) A relative by blood
or
, marriage
or adoption of a person related
3to the organization who shares the same home with that person.
AB610, s. 22
4Section
22. 615.03 (1) (c) of the statutes is amended to read:
AB610,18,75
615.03
(1) (c) A natural person who issues such an annuity to a relative by blood
6or, marriage
or adoption within the 3rd degree of kinship as computed according to
7s. 852.03 (2), 1995 stats.
AB610, s. 23
8Section
23. 631.07 (3) (a) 5. of the statutes is amended to read:
AB610,18,139
631.07
(3) (a) 5. The commissioner may promulgate rules permitting issuance
10of insurance for a limited term on the life or health of a person serving outside the
11continental United States in the public service of the United States, provided the
12policyholder is closely related by blood
or by, marriage
or adoption to the person
13whose life or health is insured.
AB610, s. 24
14Section
24. 632.32 (6) (b) 1. of the statutes is amended to read:
AB610,18,1615
632.32
(6) (b) 1. Persons related by blood
or, marriage
or adoption to the
16insured.
AB610, s. 25
17Section
25. 767.08 (1) (b) of the statutes is amended to read:
AB610,18,1918
767.08
(1) (b) "Relative" means any person connected with a child by
19consanguinity or direct affinity blood, marriage or adoption.
AB610, s. 26
20Section
26. 805.08 (1) of the statutes is amended to read:
AB610,19,521
805.08
(1) Qualifications, examination. The court shall examine on oath each
22person who is called as a juror to discover whether the juror is related by blood
or, 23marriage
or adoption to any party or to any attorney appearing in the case, or has
24any financial interest in the case, or has expressed or formed any opinion, or is aware
25of any bias or prejudice in the case. If a juror is not indifferent in the case, the juror
1shall be excused. Any party objecting for cause to a juror may introduce evidence in
2support of the objection. This section shall not be construed as abridging in any
3manner the right of either party to supplement the court's examination of any person
4as to qualifications, but such examination shall not be repetitious or based upon
5hypothetical questions.
AB610, s. 27
6Section
27. 813.12 (1) (b) of the statutes is amended to read: