Minnesota General Power of Attorney
This General Power of Attorney is granted on ________ (Date) by __________________ (Full Name), hereinafter referred to as the Principal, residing at ____________________________________, in the state of Minnesota, does hereby appoint __________________ (Full Name) of ____________________________________ as their Attorney-in-Fact to act on behalf in all the capacities as outlined in this document.
In accordance with the Minnesota Statutes, Chapter 523 (Minnesota Statutes on General Powers of Attorney), this document grants the Attorney-in-Fact the general authority to perform any act, execute any document, and make decisions as the Principal could if personally present. This authority includes, but is not limited to, the power to:
- Buy or sell any real estate property on behalf of the Principal.
- Manage banking transactions and operations.
- Enter into binding contracts.
- File tax returns and handle matters related to tax.
- Make decisions related to healthcare, if explicitly stated herein.
This General Power of Attorney shall become effective on ________ (Date) and will remain in effect until ________ (Date) or until it is revoked by the Principal.
The Principal may revoke this General Power of Attorney at any time, provided that the revocation is made in writing and is communicated to the Attorney-in-Fact as well as any third parties relying on this document.
By signing below, the Principal acknowledges and affirms their understanding and agreement to all terms contained herein:
Principal's Signature: __________________
Date: ________
Witness Signature: __________________
Date: ________
This document was prepared in accordance with the state-specific laws of Minnesota, specifically mentioning the relevant sections from Minnesota Statutes, Chapter 523 that govern General Powers of Attorney.
