A Colorado power of attorney form lets a person make important decisions on behalf of another individual regarding finances, medical care, child custody, and any other special requests. Typically, elderly individuals complete a durable power of attorney to appoint someone else to make decisions for them and take care of their finances if they can’t because of their physical and/or mental wellbeing.
What is the Definition of “Power of Attorney”?
Definition by the Uniform Power of Attorney Act:
“A “Power of attorney” is a document that gives an agent the authority to act on behalf of the principal.”
Source: Section 102(7)