This form is used when a Principal declares that all power and authority granted under a Power of Attorney to a specified individual, as Agent and Attorney-in-Fact which was recorded for Principal is revoked, terminated, and withdrawn as of the Effective Date stated on the form.
A Colorado Notice of Revocation Power of Attorney for a Recorded Power of Attorney is a legal document used to officially terminate a power of attorney that has been previously recorded. This notice is crucial in situations where the principal (the person granting the power of attorney) wishes to revoke the authority granted to their agent (the person who acts on their behalf) due to various reasons such as changes in circumstances, lack of trust, or relationship breakdown. The Notice of Revocation Power of Attorney for a Recorded Power of Attorney provides a formal and binding way to notify all relevant parties involved, including financial institutions, healthcare providers, and other third parties who may have interacted with the agent under the recorded power of attorney. By filing this revocation notice with the appropriate authorities and institutions, the principal ensures that there is a legal record of the termination, which safeguards their interests and prevents any further unauthorized actions by the agent. In Colorado, there aren't specific types of Notice of Revocation Power of Attorney for a Recorded Power of Attorney. However, it is crucial to mention that the document should include important details such as the principal's name, the agent's name, the date of the original power of attorney document, and a clear statement revoking the power of attorney. Additionally, it should be notarized to add a layer of validity and authenticity. Overall, a Colorado Notice of Revocation Power of Attorney for a Recorded Power of Attorney is a key legal instrument that protects the principal's rights and ensures that their wishes are respected. It serves as an official termination of the authority granted under a power of attorney and should be taken seriously to prevent any unauthorized actions in the future.
