Based on 15-1-1302, 15-14-501, and 15-14-502, Colorado Revised Statutes. Agent states that POA remains in effect and has not been revoked.
Colorado Springs Colorado Agent's Affidavit that Power of Attorney not revoked
Category:
State:
Colorado
City:
Colorado Springs
Control #:
CO-P006
Format:
Word;
Rich Text
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How to fill out Colorado Agent's Affidavit That Power Of Attorney Not Revoked?
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FAQ
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to do to revoke a power of attorney is send a letter to the agent notifying the agent that his or her appointment has been revoked. From the moment the agent receives a revocation letter, he or she can no longer act under the power of attorney.
You can revoke a Power of Attorney for any reason, as long as you have the mental capacity to do so. Reasons to do so may include: You no longer trust the person you appointed as your attorney. You have found a more suitable person to act as your attorney.
The principal must draft a deed/notice of revocation of the PoA. The deed must mention the reason for which the POA is being revoked, the effective date of the revocation and the consequences of such an action.
The revocation should include your name, a statement that you are of sound mind, and your wish to revoke the power of attorney. You should also specify the date the original power of attorney was executed and the person selected as your agent.
While Colorado does not technically require you to get your POA notarized, notarization is very strongly recommended. Under Colorado law, when you sign your POA in the presence of a notary public, you signature is presumed to be genuine?meaning your POA is more ironclad.
This power of attorney authorizes another person (your agent) to make decisions concerning your property for you (the principal). Your agent will be able to make decisions and act with respect to your property (including your money) whether or not you are able to act for yourself.
You can ask the Office of the Public Guardian ( OPG ) to remove an attorney if your lasting power of attorney ( LPA ) is registered and you still have mental capacity to make decisions. You will need to send OPG a written statement called a 'partial deed of revocation'.
AgeLab outlines very well the four types of power of attorney, each with its unique purpose: General Power of Attorney.Durable Power of Attorney.Special or Limited Power of Attorney.Springing Durable Power of Attorney.
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.