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What is a durable power of attorney in Minnesota?

A person may also choose to make their power of attorney durable, which means it stays in place even if the person becomes incompetent or incapacitated. A principal can also revoke a power of attorney.

Does a power of attorney need to be docHubd in Minnesota?

While Minnesota technically requires you to get your POA docHubd only if someone else is signing the document on your behalf (Minn. Stat. 523.01), notarization is very strongly recommended. Many financial institutions will require a POA to be docHubd (even if state law doesnt require it) before they accept it.

How do I set up power of attorney in MN?

View a Minnesotas Standard Power of Attorney Form, as set out in Minnesota Statutes section 523.23.How Do I Create a Power of Attorney? In writing; Signed by you in front of a notary public; Dated appropriately; and. Clear on what powers are being granted.

What does statutory short form mean?

A statutory form is a form created by a government, usually designed to serve as a model form or a free form for the public. The text of the form resides within the governments statutes. For example, many states have statutory durable powers of attorney forms written into their laws.