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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.
§ 15-14-741. A document substantially in the following form may be used to create a statutory form power of attorney that has the meaning and effect prescribed by this part 7. This power of attorney authorizes another person (your agent) to make decisions concerning your property for you (the principal).
A principal may change his or her mind and revoke a power of attorney at any time, so long as the principal has capacity. All a principal needs to do to revoke a power of attorney is send a letter to the agent notifying the agent that his or her appointment has been revoked.
Hear this out loud PauseWhat does power of attorney durable mean? A durable POA gives someone else legal authority to act on your behalf, and it continues in force even if you lose your mental capacity. Financial POAs give your agent financial powers that may include managing your assets, paying bills, and buying and selling real estate. What is a durable power of attorney, and how does it work? - .com ? articles ? what-is-a-durable... .com ? articles ? what-is-a-durable...
Hear this out loud PauseA medical power of attorney should be created with the help of your lawyer and while we encourage you to have the document signed by witnesses and notarized, this is not required in Colorado in order for the document to be legal. Understanding Colorado Medical Power of Attorney robinsonandhenry.com ? estate-planning robinsonandhenry.com ? estate-planning
Hear this out loud PauseUnless you specify otherwise, generally the agent's authority will continue until you die or revoke the power of attorney or the agent resigns or is unable to act for you. Power of Attorney - Colorado Secretary of State Colorado Secretary of State ? laws ? Title15 ? po... Colorado Secretary of State ? laws ? Title15 ? po... PDF
Hear this out loud PauseIf you initialed "real property," giving your agent the power to conduct transactions with real estate, you should also file a copy of your POA in the land records office (called the clerk and recorder's office in Colorado) in the county where you own real estate. Colorado Power of Attorney Laws | Colorado POA - Nolo nolo.com ? legal-encyclopedia ? colorado-p... nolo.com ? legal-encyclopedia ? colorado-p...
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.