Power of Attorney: Unveiling the Magic
The magic of a Power of Attorney, whether durable or otherwise, is the opportunity to grant powers after a key event. The secret is writing a
IAJ LAW, LLC
Attorney and Law Office
IAJ LAW, LLC
Attorney and Law Office
Tag Power of Attorney
Granting a Power of Attorney to another person in Minnesota is one of the most powerful transfers of duties and privileges shared with another person.
As an estate planning attorney, my goal is to educate and inspire a conversation with people and families needing help with a document granting attorney in fact rights to another person.
Power of Attorney in Minnesota
The basic concept behind using forms to administer this rule is to reduce fraud. In addition to the free forms you can find on this site, I have posted a number of articles addressing issues with this type of estate planning document.
That said, there are numerous issues related to this type of transfer. This includes accounting and bookkeeping issues, appointments, time limits, banking transactions and contract agreements.
In addition, there are fiduciary responsibilities, guardian rights, liability issues and concerns of incapacities.
The postings and articles below address POA topics, issues and problems.
13 Super Powers for a Power of Attorney in Minnesota
Powers referenced within a Power of Attorney Form in Minnesota can have devastating impacts if the Grantor does not understand these three
Estate Documents Ranked
In one of my recent community education classes, I was asked to rank my favorite estate documents. Thus, here we go… Really though, I think the issue was more about money than actual estate documents. In other words, if I…
DOD doesn’t Trust Your Military Power of Attorney Forms
Military Power of Attorney Forms (POA) are different for each branch of the military. As I will describe below, I really believe military personnel should have a military version of their POA and a civilian power of attorney. None the…
Using a Power of Attorney While In Hospice Care
In Minnesota, using a power of attorney form to change or edit a will while a loved one is in hospice care is tricky. Consider these steps to
End Power of Attorney By Screaming?
To end power of attorney (“POA”), the process is not about screaming. Instead, there is a specific process for revoking this type of estate planning document. The person who creates a POA on their behalf is called the Principal. Ideally,…
Never Create a Joint Account with your Children
A joint account with children is not a recommended estate planning tool. Many times, older adults believe adding one of their children to their checking account is a good strategy. Even though you love and trust your adult children with…
Ten Years After He Died, A Trust Breach Occured
Trust breach happens when your children decide to argue over semantics. Would you rollover, in your grave, if your children sued one another ten (10) years later? Well, this actually happened in a case called In re: The Frank John…
7 Tips When Picking a Standby Guardian
Picking a standby guardian is hard. I believe every parent stresses over the care of their child. Thinking about a situation where you are unconscious or dead quadruples this stress. Luckily, parents can: Designate a standby parent, Identify an alternate…
Caring For Your Dog by using a Veterans Power of Attorney Form
A Veterans power of attorney form can help another person take care of your dog. More importantly, the VA form for a POA can help families take care of their Veteran. Like you, I am a veteran. Deep down inside, I…