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Colorado Statutory Power of Attorney Form for Property


Colorado Statutory Power of Attorney Form for Property
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COLORADO STATUTORY POWER OF ATTORNEY FOR PROPERTY
NOTICE: UNLESS YOU LIMIT THE POWER IN THIS DOCUMENT, THIS
DOCUMENT GIVES YOUR AGENT THE POWER TO ACT FOR YOU, WITHOUT YOUR
CONSENT, IN ANY WAY THAT YOU COULD ACT FOR YOURSELF. THE POWERS
GRANTED BY THIS DOCUMENT ARE BROAD AND SWEEPING. THEY ARE EXPLAINED IN
THE "UNIFORM STATUTORY FORM POWER OF ATTORNEY ACT", PART 13 OF ARTICLE
I OF TITLE 15, COLORADO REVISED STATUTES, AND PART 6 OF ARTICLE 14 OF TITLE
15, COLORADO REVISED STATUTES. IF YOU HAVE ANY QUESTIONS ABOUT THESE
POWERS, OBTAIN COMPETENT LEGAL ADVICE. THIS DOCUMENT DOES NOT
AUTHORIZE ANYONE TO MAKE MEDICAL AND OTHER HEALTH-CARE DECISIONS FOR
YOU. YOU MAY REVOKE THIS POWER OF ATTORNEY IF YOU LATER WISH TO DO SO.
THE PURPOSE OF THIS POWER OF ATTORNEY IS TO GIVE THE PERSON YOU
DESIGNATE (YOUR "AGENT") BROAD POWERS TO HANDLE YOUR PROPERTY AND
AFFAIRS, WHICH MAY INCLUDE POWERS TO PLEDGE, SELL, OR OTHERWISE DISPOSE
OF ANY REAL OR PERSONAL PROPERTY WITHOUT ADVANCE NOTICE TO YOU OR
APPROVAL BY YOU. THIS FORM DOES NOT IMPOSE A DUTY ON YOUR AGENT TO
EXERCISE GRANTED POWERS; BUT WHEN POWERS ARE EXERCISED, YOUR AGENT
MUST USE DUE CARE TO ACT FOR YOUR BENEFIT AND IN ACCORDANCE WITH THE
PROVISIONS OF THIS FORM AND MUST KEEP A RECORD OF RECEIPTS,
DISBURSEMENTS, AND SIGNIFICANT ACTIONS TAKEN AS AGENT. YOU MAY NAME
SUCCESSOR AGENTS UNDER THIS FORM BUT NOT CO-AGENTS. UNTIL YOU REVOKE
THIS POWER OF ATTORNEY OR A COURT ACTING ON YOUR BEHALF TERMINATES IT,
YOUR AGENT MAY EXERCISE THE POWERS GIVEN HERE THROUGHOUT YOUR
LIFETIME, EVEN AFTER YOU MAY BECOME DISABLED, UNLESS YOU EXPRESSLY
LIMIT THE DURATION OF THIS POWER IN THE MANNER PROVIDED BELOW.
YOU MAY HAVE OTHER RIGHTS OR POWERS UNDER COLORADO LAW NOT
SPECIFIED IN THIS FORM.
I, _______________________________________________________________ appoint
(insert your full name and address)
______________________________________________________________ as my
(insert the full name and address of the person appointed)
agent (attorney-in-fact) to act for me in any lawful way with respect to the following
initialed subjects:
TO GRANT ONE OR MORE OF THE FOLLOWING POWERS, INITIAL THE
LINE IN FRONT OF EACH POWER YOU ARE GRANTING. TO WITHHOLD A
POWER, DO NOT INITIAL THE LINE IN FRONT OF IT. YOU MAY, BUT NEED
NOT, CROSS OUT EACH POWER WITHHELD.
INITIAL:
__________ (A) Real estate transactions (when property recorded).
__________ (B) Tangible personal property transactions.
__________ (C) Stock and bond transactions.
__________ (D) Commodity and option transactions.
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