A Power of Attorney is a written document in which one person (the Principal) authorizes another person (the Attorney-in-Fact) to handle financial or property transactions for the Principal.
Can I limit the powers of the Attorney-in-Fact?
Yes. The statutory form contained in the link below allows for the Principal to make the powers as narrow or as broad as possible. You can choose all the powers as listed on the form, limit the power to just one (i.e. do your banking transactions), or some combination in between.
As the Principal you may also elect to put an expiration date on the power.
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Minnesotans Helped
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Clients with Stage IV
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Value of Free Legal Care Provided
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Coril
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Impact100
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American Cancer Society
