State Of Colorado Statutory Form Power Of Attorney: Fill & Download for Free

In Colorado, the statutory Power of Attorney form found in state law does not require a notary or a specimen signature of the agent.A specimen signature of an agent could be used to compare with the agent’s signature on a check or document signed on behalf of the principal.A notarized Power of Attorney helps to deter fraud since the signers must appear in person before the notary and must show acceptable photo ID.Laws vary by state. Follow the laws for your state. Contact an attorney for legal advice.Disclaimer: I am not an attorney and this information is not legal advice.

Colorado, and some other states, have adopted the Uniform Power of Attorney Act. It defines the duties of the agent. In general, the agent must act in good faith and in the best interest of the principal.Colorado law includes a statutory power of attorney form. It separates standard powers, normally needed by an agent, and hot powers, which are more risky to grant, since they can alter or deplete the estate plan of the principal. Hot powers should be used with extreme caution, only with a competent and trustworthy agent.If agent abuse or incompetence is detected, or suspected, certain listed people may petition the court to review the agent’s conduct and grant appropriate relief.The agent is required to keep records of receipts, disbursements and transactions and must show the records to the principal on demand within 30 days.An agent who violates the Act is liable to the principal or the principal's successors in interest for the amount required to:(a) Restore the value of the principal's property to what it would have been had the violation not occurred; and(b) Reimburse the principal or the principal's successors in interest for the attorney's fees and costs paid on the agent's behalf.For protection, a monitor may be included in a power of attorney to watch the agent’s actions. The agent may be required to show records to the monitor on a regular basis.Disclaimer: I am not an attorney and this information is not legal advice.Laws vary by state. Contact an attorney for legal advice.

Follow the power of attorney laws for your state. Seek legal advice from an attorney if needed.In Colorado, the state revised the POA laws in 2010, and created a sample POA form, found in the statutes. The Colorado Statutory POA form is available at Legal Forms - Colorado Notary BlogThere is also a sample form available there for a Travel Consent for Minor Child.Colorado CRS 15-14-105. Delegation of power by parent or guardian.A parent or guardian of a minor or incapacitated person, by a power of attorney, may delegate to another person, for a period not exceeding twelve months, any power regarding care, custody, or property of the minor or ward, except the power to consent to marriage or adoption.See Colorado Court Form JDF 751 Guardian & Conservator Delegation of Power by Parent or GuardianA Colorado notary may notarize for a minor, if the same requirements are met as for any other signer. The minor must show an acceptable form of ID, such as a Colorado ID card or a passport. The notary checks for awareness and willingness.Colorado law does not require a POA to be notarized, but it is usually requested to prevent fraud. Optional witnesses may be used, and may be beneficial to attest to the minor’s awareness and willingness.A POA is usually acknowledged by the signer, indicating that he/she understands the purpose of the document and agrees to the terms voluntarily.An oath or affirmation is used when the signer is making a statement of facts, such as an affidavit, and swears or affirms that the facts are true and correct. For certain hearings, where a minor is giving testimony, Colorado law allows for the minor to “promise” to tell the truth, rather than taking an oath or affirmation.See Colorado Notary Blog article on Notarizing for a Minor.Disclaimer: I am not an attorney and this information is not legal advice.