Minneapolis Minnesota Life Documents Planning Package, including Will, Power of Attorney and Living Will

Category:
State:
Minnesota
City:
Minneapolis
Control #:
MN-P001-PKG
Format:
Word; 
Rich Text
Instant download

Description

The Legal Life Documents Personal Planning Package contains essential life documents, information on how to organize life documents and other products. The documents in this package are State Specific.


This package contains the following forms:



1. Last Will

2. Designated Caregiver Agreement

3. Health Care Directive

4. Statutory General Power of Attorney with Durable Provisions

5. Estate Planning Questionnaire and Worksheets

6. Personal Planning Information and Document Inventory Worksheets

Bonus financial forms!


1. Last Will - Complete this form to detail in writing your wishes regarding who is to receive your property at death and who will administer your estate. It also enables you to appoint trustees or guardians, if applicable.


2. Designated Caregiver Agreement - Statutory Form - This Designated Caregiver Agreement is a form which names an adult to serve as a designated caregiver to care for the parent's minor child for a period of time specified in the designated caregiver agreement, but not to exceed one year. It becomes effective when custodial parents are unable to care for the child because of an emergency or temporary period of incapacitation.


3. Health Care Directive as Living Will - This is a statutory form, that is it provided for in the Minnesota Statutes. It allows you to appoint a health care agent to carry out your desires should you become unable to make important health care decisions for yourself and to make those specific health care instructions.


4. Statutory General Power of Attorney with Durable Provisions - This Power of Attorney is a statutory form which means it has been approved by the state legislature. It provides for the appointment of an attorney-in-fact for various matters, including property, finances, real estate, business, banking, litigation and many more options.


5. Estate Planning Questionnaire and Worksheets - This Estate Planning Questionnaire and Worksheet is for completing information relevant to an estate. It contains questions for personal and financial information. You may use this form for client interviews. It is also ideal for a person to complete to view their overall financial situation for estate planning purposes.


6. Personal Planning Information and Document Inventory Worksheets - This form enables you to document matters relevant to your life and personal planning such as the location of your important legal documents, relatives names, contact information, medical information, financial asset inventory and more.

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  • Preview Minnesota Life Documents Planning Package, including Will, Power of Attorney and Living Will
  • Preview Minnesota Life Documents Planning Package, including Will, Power of Attorney and Living Will
  • Preview Minnesota Life Documents Planning Package, including Will, Power of Attorney and Living Will
  • Preview Minnesota Life Documents Planning Package, including Will, Power of Attorney and Living Will

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FAQ

Minnesota POA ? Recording Except with respect to real estate transactions, a Minnesota Power of Attorney document does not need to be recorded anywhere in order to be effective.

Your LPA needs to be registered by the Court of Protection before it can be activated. You have two options, you can either register the Lasting Power of Attorney as soon as it's in place and signed by you and your attorney, or leave it to be registered at a later date.

To get started, you'll need: a power of attorney document giving the attorney permission to act on the account holder's behalf. a registration stamp from the Office of the Public Guardian (for lasting power of attorney documents) an Office of the Public Guardian access code, if you're using one. proof of ID and address.

In Minnesota, the following rules apply to wills: You must be at least 18 years old and of sound mind to make a will; The will must be in writing; The will must be signed by you, by another person at your direction and in your presence, or by your conservator pursuant to a court order;

A power of attorney is a document authorizing someone to act on your behalf. You determine how much power the person will have over your affairs. Your power of attorney may be a general or limited power of attorney. A general power of attorney authorizes your agent to conduct your entire business and affairs.

In order to be valid under Minnesota law, a Will generally must: be in writing; signed by the testator (the person describing how they want their property distributed); and. signed by at least two witnesses over the age of 18.

While Minnesota technically requires you to get your POA notarized only if someone else is signing the document on your behalf (Minn. Stat. § 523.01), notarization is very strongly recommended. Many financial institutions will require a POA to be notarized (even if state law doesn't require it) before they accept it.

The will must be in writing; The will must be signed by you, by another person at your direction and in your presence, or by your conservator pursuant to a court order; The will must be witnessed by at least two people, both of whom must also sign the will; and. You must intend for the document to operate as a will.

Does a Will Have to Be Probated in Minnesota? A will must be filed with the court after a person's death. This step is required even if the estate doesn't have to be probated or if the person had no assets. The court will validate the will before the assets can be distributed.

Do I Need a Lawyer to Make a Will in Minnesota? No. You can make your own will in Minnesota, using Nolo's Quicken WillMaker & Trust.

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Minneapolis Minnesota Life Documents Planning Package, including Will, Power of Attorney and Living Will