Minnesota Durable (Financial) Power of Attorney Form

The Minnesota Durable (Financial) Power of Attorney deals with the conveyance of authority regarding the principal’s (person granting the powers) finances and property. Users of this form can select from an array of broad powers that can be delivered to an agent so that they may perform tasks on behalf of the primary individual.

Last updated December 8th, 2025

Laws

Statute – § 523.07

Definition – “As used in this chapter, ‘power of attorney’ means a validly executed power of attorney.” (523.03(3))

Statutory Form – § 523.23

Signing Requirements – In the case of a signature on behalf of the principal, by another, or by a mark, the acknowledgment of a notary public is required (§ 523.01). Even if the principal signs the document directly, it is still recommended to have the document notarized.

Termination – § 523.08