[?] Subscribe To This Site

XML RSS
Add to Google
Add to My Yahoo!
Add to My MSN
Subscribe with Bloglines


Home
What's New?
Basics
Financial Planning
Taxes
Real Estate
Business
Investments
Employee Benefits
Charity
Health Insurance
Medicare
Medicaid
Retirement
Power of Attorney
News & Views
Forum
Blogs
Books & Forms
Estate Attorneys
Probate Attorneys
Questions

Wyoming Power of Attorney




Are you really prepared should an accident leave you mentally incapacitated? Do you know for sure, someone you know and trust, is going to be able to make medical decisions for you and be able to take care of your finances? A Wyoming power of attorney is the best way to be sure the person taking care of your needs is the person you know, trust and have chosen to do it.


This type of power of attorney is called durable. It is a power of attorney that stays in effect if you are ever declared mentally unfit. Non-durable powers of attorney are automatically void at that time. The person you chose to grant these powers to is called the attorney-in-fact. Your attorney-in-fact can be anyone you choose. It has nothing to do with being an attorney, that's just the name they call this person. It is very common for your spouse to be your attorney-in-fact on a few of your powers of attorney. If this is the case, and you ever file for divorce, be sure and change these documents. While many stated will void these automatically in the case of a divorce, Wyoming does not. A Wyoming power of attorney is automatically void if your attorney-in-fact cannot be found, for this reason you are allowed to list an alternative.


Your Wyoming estate planning attorney would be glad to see a durable medical power of attorney and a durable financial power of attorney in your estate plan. These two documents would allow your attorney-in-fact to take care of all your needs. A health care directive could be added for giving detailed instructions to your attorney-in-fact and your health care providers. These powers of attorney are effective as soon as they are prepared unless you specify them as springing. A springing durable power of attorney will not go into effect unless a doctor declares you mentally incompetent.


Normal, nondurable powers of attorney are used for many different reasons. An example of some of the special, or limited powers of attorney are the motor vehicle power of attorney, the real estate power of attorney, the power of attorney for children and the travel power of attorney. All of these powers can be used to allow your attorney-in-fact to sign documents for you, in your absence, for a specific purpose.


There is also the general power of attorney that grants your attorney-in-fact a wide range of powers. A person going on a long overseas trip might leave one of these with a family member. It could be used for emergencies or taking care of your daily needs like paying bills, filing taxes and managing bank accounts.


It is always best to use the proper form for making a power of attorney and these can be found at Legal Zoom. A Wyoming power of attorney form will usually not require the use of an attorney, although you may be more comfortable having them done for you.



From Wyoming Power of Attorney to Power of Attorney


footer for Wyoming Power of Attorney page