Terminology in estate planning can sometimes be confusing. For example, there is a common misconception that a short form power of attorney is not a “durable” power of attorney. In Minnesota, the short form power of attorney authorized by statute is just as “durable” as the long form power of attorney used to be – so long as it’s properly drafted. In addition, other forms such as an advanced directive, health care directive, and a living will, are similar terms for the same type of document that appoints someone to make medical decisions for another individual. Therefore, it is important to consult with attorney to ensure your specific needs are met for your situation. Attorney Lisa Hill explains estate planning terminology in this interview on KDUZ 1260 AM’s show “Legal Update.”
Lisa Hill is an attorney with Melchert Hubert Sjodin at the Hutchinson, Minnesota office. Lisa’s extensive legal experience includes estate planning, civil litigation, family law, real estate, and business law. To discuss your specific situation, contact our estate planning team at Melchert Hubert Sjodin at 320.587.2046.