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State of colorado statutory form power of attorney page 1 of 6 state of colorado statutory form power of attorney effective january 1 2010 important information this power of attorney authorizes another person your agent to make decisions concerning your property for you the principal. Colorado general financial power of attorney form is the legal document that allows you to designate a certain person to be your agent as a representative who can make financial decisions when you are not available some of these decisions may be related to buying and selling a property banking business and other financial matters. Here are some of the specified provisions under colorado law. Colorado power of attorney forms allow you to choose an agent to make monetary or health care decisions on your behalf.

These types of forms can be used in a broad range of circumstances including in a temporary situation where an individual will be out of town for a short period of time or in a long term situation where an individual wants to protect him or. Colorado power of attorney forms convey legal authority to a trusted person expected to act on behalf of an individual during that individual s absence. The colorado general power of attorney form is designed to enable an individual to make financial decisions on behalf of another party referred to as the principal the term general in this case is referring to the unlimited nature of the agent s financial powers. They will be able to control all aspects of the principal s finances until such a time that the principal becomes.

If the grantor dies the agent must deliver the will to the court for safekeeping as well as inform the people listed in the will of this act.

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