Estate Documents Ranked
In one of my recent community education classes, I was asked to rank my favorite estate documents. Thus, here we [Read More]
Tag: Power of Attorney
Power of Attorney in Minnesota
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 these issues and problems.
Thus, I hope you find value with the following articles.
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 [Read More]
Using a Power of Attorney To Change A Will While In Hospice Care
While in hospice care, making changes to an estate plan in Minnesota is a very tricky process. Unfortunately, using a [Read More]
End your Power of Attorney by Screaming
No, screaming at the top of your lungs is not enough. In addition to other precautionary steps, the process of [Read More]
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 [Read More]
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 [Read More]
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 [Read More]
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 [Read More]