Minnesota Revises Its Power of Attorney Requirements
Minnesota now requires that you initial the Warning to the Principal section of your durable power of attorney for finances. This warning is at the beginning of your document and lays out some of the risks of making a power of attorney.
The new law also requires your attorney in fact to sign the Important Notice to the Attorney-in-Fact before taking any action under your power of attorney. This section comes at the end of the document and explains the duties and obligations of your attorney-in-fact.
The Minnesota durable power of attorney for finances produced by Quicken WillMaker Plus 2013 & 2014 reflects these changes, but you must run the web update feature to access the most current documents.
Learn more about Financial Powers of Attorney on Nolo.com.