You need to fill a Colorado durable POA form before creating it. Below is how you must fill the form.
Background Data
Start by opening the form on this website and then downloading it for convenient future use. Afterward, provide all the necessary details of the parties involved in the POA. You must provide your full name and that of your preferred agent. Remember to give your agent’s full address and telephone number. You also need to name two alternative or successor agents to stand in for your primary agent during their absence, resignation, or firing. Remember to give their full contact details the way you did for the primary agent.
Set Limits to the Agent’s Authority
Next, you must define the scope and limits of the authority you are donating to your agent. For example, determine if you want them to deal in real estate, stocks, insurance, or retirement matters. Whatever the scope, ensure you define and qualify it clearly to avoid abuse and overstepping of boundaries. Otherwise, failing at this stage could cause you many avoidable and regrettable problems.
You will also provide additional instructions to restrict or add to the powers you want to donate to your agent. The form has a “special instructions” section to supply any instruction you hadn’t provided before. This section is optional if you had clarified everything earlier as you delegated your authority to an agent.
Stipulate the Agent
Lastly, you have to declare your nominated guardian. You will nominate such a guardian to care for your interests if a court of law finds it necessary to appoint one. The guardian may guard your person, estate, or both.
Here, you will write your first choice of guardian’s name. Also, you will furnish their telephone number and physical address. The form has room for two persons. So, remember to fill out similar details for your second choice.
Sign and Date the POA
You will also see a section for signature and acknowledgment. Here, you will append your signature, followed by your name, then your address, and your phone number. Afterward, you will indicate the date you signed the document.
Have Your POA Notarized
The next page is reserved for a notary public to verify and notarize the document before becoming legally binding. Remember, nobody else is legally mandated to complete that section, so follow all the notary’s instructions. The notary public will verify its signatures and seal your POA document with their official seal to notarize it.
You will now need to make copies of the document to give your appointed agent and their two substitutes. Remember to keep your copy safely.