Power of Attorney (Financial) in Minnesota

A financial power of attorney lets you name an agent to handle money and property for you. Many states have their own statutory form and signing rules (notary, witnesses), and banks often ask for that form. Check your state's rules below; if your state has a statutory form, use it.

What Minnesota law says

Power of attorney signing rules	Minnesota has its own power of attorney statute (Minn. Stat. ch. 523) with a 'Statutory Short Form Power of Attorney' (§523.23). A power of attorney is validly executed when it is dated and signed by the principal and, if signed by someone else on the principal's behalf or by a mark, acknowledged by a notary public (§523.01). It is durable only if it contains language such as 'This power of attorney shall not be affected by incapacity or incompetence of the principal' or similar words (§523.07). A power of attorney affecting real estate must be acknowledged to be recorded (§507.24). Source: Minn. Stat. §§523.01, 523.07, 523.23; §507.24

Power of attorney signing rules

Minnesota has its own power of attorney statute (Minn. Stat. ch. 523) with a 'Statutory Short Form Power of Attorney' (§523.23). A power of attorney is validly executed when it is dated and signed by the principal and, if signed by someone else on the principal's behalf or by a mark, acknowledged by a notary public (§523.01). It is durable only if it contains language such as 'This power of attorney shall not be affected by incapacity or incompetence of the principal' or similar words (§523.07). A power of attorney affecting real estate must be acknowledged to be recorded (§507.24).

Source: Minn. Stat. §§523.01, 523.07, 523.23; §507.24

Fill it in

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FINANCIAL POWER OF ATTORNEY

I, [principal full name], of [principal address], appoint [agent full name], of [agent address], as my agent.

Successor agent (if my agent cannot serve): [successor agent name and address]

My agent may act for me in these matters: [list the powers you grant, e.g. banking, real estate, taxes, benefits, bills]

Limits or special instructions: [any limits, or 'none']

This power of attorney [continues if I become incapacitated (durable) / ends if I become incapacitated], and takes effect [now / on a date or event].

Signed on [date]. Principal signature: ____________________

[Witness signatures and notary acknowledgment, as your state requires]

Agent's acceptance (if your state requires it): ____________________

Power of Attorney (Financial) for other states · Minnesota tenant rights

General legal information, not legal advice. Laws change and local rules can differ; check the linked official source or talk to a lawyer about your situation.