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Get CO Statutory Power Of Attorney For Property 2010-2024
THE POWER TO ACT FOR YOU, WITHOUT YOUR CONSENT, IN ANY WAY THAT YOU COULD ACT FOR YOURSELF. THE POWERS GRANTED BY THIS DOCUMENT ARE BROAD AND SWEEPING. THEY ARE EXPLAINED IN THE "UNIFORM STATUTORY FORM POWER OF ATTORNEY ACT", PART 13 OF ARTICLE I OF TITLE 15, COLORADO REVISED STATUTES, AND PART 6 OF ARTICLE 14 OF TITLE 15, COLORADO REVISED STATUTES. IF YOU HAVE ANY QUESTIONS ABOUT THESE POWERS, OBTAIN COMPETENT LEGAL ADVICE. THIS DOCUMENT DOES NOT AUTHORIZE ANYONE TO MAKE MEDICAL AND OTHER HEAL.
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Terminates FAQ
Power of attorney (POA) of property is a legal document transferring the legal right to the attorney or agent to manage and access the principal's property in the event the principal is unable to do so themselves.
What is a durable power of attorney? A “durable” power of attorney permits an agent to make decisions even if the princi- pal becomes incapacitated. Powers of attorney signed after January 1, 2010, are durable unless the document provides that it is terminated by the incapacity of the principal.
Steps for Making a Financial Power of Attorney in Colorado Create the POA Using a Statutory Form, Software, or Attorney. ... Sign the POA in the Presence of a Notary Public. ... Store the Original POA in a Safe Place. ... Give a Copy to Your Agent or Attorney-in-Fact. ... File a Copy With the Recorder's Office.
Colorado law does not require a power of attorney to be witnessed or notarized. Despite the law, it is considered best practice to have the document signed, notarized, and witnessed by two people. Why? The signature is presumed to be genuine if the power of attorney is notarized.
A “durable” power of attorney permits an agent to make decisions even if the princi- pal becomes incapacitated. Powers of attorney signed after January 1, 2010, are durable unless the document provides that it is terminated by the incapacity of the principal.
A Colorado durable statutory power of attorney form lets a person select anyone of their choosing to handle financial affairs on their behalf. The person selected as their agent will hold this title until the death of the principal unless revoked.
A Colorado real estate power of attorney is a document that a principal may use to provide proper and legal written permission that empowers an agent, attorney, or similarly qualified entity to conduct real estate business and/or transactions in the name of the principal.
Does a Power of Attorney Need to be Notarized or Witnessed? Colorado law does not require a power of attorney to be witnessed or notarized. Despite the law, it is considered best practice to have the document signed, notarized, and witnessed by two people.
Adjudicated Related content
Uniform Powers of Attorney Act - Colorado General...
A CONSERVATOR OF THE PRINCIPAL'S ESTATE OR OTHER FIDUCIARY CHARGED WITH. THE MANAGEMENT OF...
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