Minnesota General Power of Attorney Form

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A Minnesota general power of attorney is a form by which an individual authorizes another person to handle financial decisions on their behalf. In this document, the individual granting the authority (the “principal”) specifies the actions that their representative (the “attorney-in-fact”) is allowed to perform, which often includes paying bills, collecting money, and managing investments.

Minnesota General Power of Attorney Form

A Minnesota general power of attorney is a form by which an individual authorizes another person to handle financial decisions on their behalf. In this document, the individual granting the authority (the “principal”) specifies the actions that their representative (the “attorney-in-fact”) is allowed to perform, which often includes paying bills, collecting money, and managing investments.

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Last updated April 26th, 2024

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A Minnesota general power of attorney is a form by which an individual authorizes another person to handle financial decisions on their behalf. In this document, the individual granting the authority (the “principal”) specifies the actions that their representative (the “attorney-in-fact”) is allowed to perform, which often includes paying bills, collecting money, and managing investments.

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Signing Requirements

Only the principal needs to sign a power of attorney.[1] To ensure the form will be accepted by all third-party institutions, it’s suggested that the document be notarized.

  • If the principal signs using a mark or directs someone else to sign the power of attorney on their behalf, then the document must be notarized.
  • When using a statutory short form power of attorney, the attorney-in-fact must also sign the document.[2]

Power of Attorney (Preview)

Minnesota General Financial Power Of Attorney

Sources

  1. § 523.01
  2. § 523.23