Colorado

Free Colorado Power of Attorney Forms

In Colorado, a power of attorney (POA) form is a legal document that allows an individual (the “principal”) to grant another person (the “agent”) the authority to act on their behalf in certain situations. The Colorado Uniform Power of Attorney Act, codified in Title 15, Article 14 of the Colorado Revised Statutes, governs the state’s use and interpretation of POA forms.

Terms to understand in a POA form include:

  • Principal: the person granting the authority to act on their behalf
  • Agent: the person receiving the authority to act on behalf of the principal
  • Specific powers: powers granted to the agent that are specifically listed in the POA form
  • General powers: broader powers granted to the agent that allow them to act on a wide range of matters on behalf of the principal
  • Durable POA: a type of POA that remains in effect even if the principal becomes incapacitated or unable to make decisions for themselves
  • Revocation: the process of canceling or terminating a POA.

It’s important to note that a POA form can have significant legal consequences, so it’s important to understand the terms and implications of the document before signing it.

Colorado Statutory Form Power Of Attorney - PDF Template

Colorado Statutory Form Power Of Attorney

Colorado statutory power of attorney form authorizes an agent to decide on issues pertaining your assets including money on your behalf whether or not you can act for yourself. However, on matters concerning health care, the agent is barred from making decisions on your behalf. The powers granted to an agent are stated on the…


Frequently Asked Questions

How do I revoke a Colorado Power of Attorney form?

To revoke a Colorado Power of Attorney form, the principal must sign a revocation form and deliver it to the agent and any third parties who may be affected by the revocation. It is important to ensure that the revocation is properly executed and delivered to all necessary parties.

Can a Colorado Power of Attorney form be used for healthcare decisions?

Yes, a Colorado Medical Power of Attorney form can be used to designate an agent to make healthcare decisions on behalf of the principal. This document can be used if the principal becomes incapacitated or unable to make healthcare decisions on their own.

Can a Colorado Power of Attorney form be used for real estate transactions?

Yes, a Colorado Power of Attorney form can be used for real estate transactions, such as buying or selling property. However, it is important to ensure that the document specifically grants the agent the authority to engage in real estate transactions.

Do I need witnesses or a notary to execute a Colorado Power of Attorney form?

In Colorado, a Power of Attorney form must be signed in the presence of a notary and two witnesses who are not related to the principal or the agent. This requirement is intended to ensure that the document is properly executed and meets all legal requirements.