Statutory Power of Attorney for Property - Colorado

Page 4 of 5 (Legal Forms Bank.biz)
8. If any agent named by me shall die, become incapacitated, resign, or refuse to accept
the office of agent, I name the following each to act alone and successively, in the order
named, as successor to s u ch agent:
________________________________________________________________________
________________________________________________________________________
________________________________________________________________________
For purposes of this paragraph 8, a person is considered to be incapacitated if and while
the person is a minor or a person adjudicated incapacitated or if the person is unable to
give prompt and intelligent consideration to business matters, as certified by a licensed
physician.
I agree that any third party who receives a copy of this document may act under it.
Revocation of the power of attorney is not effective as to a third party until the third party
learns of the revocation. I agree to indemnify the third party for any claims that arise
against the third party because of reliance on this power of attorney.
Signed on _____________________________, __________.
IF THERE IS ANYTHING ABOUT THIS FORM THAT YOU DO NOT UNDERSTAND, IT MAY
BE IN YOUR BEST INTEREST TO CONSULT A CO LORADO LAWYER RATHER THAN SIGN
THIS FORM.
__________________________________
(Your signature)
__________________________________
(Your social security number)
YOU MAY, BUT ARE NOT REQUIRED TO, REQUEST YOUR AGENT AND
SUCCESSOR AGENTS TO PR OVIDE SPECIMEN SIGNATURES BELOW. IF YOU
INCLUDE SPECIMEN SIGNATURES IN THIS POWER OF ATTORNEY, YOU
MUST COMPLETE THE CERTIFICATION OPPOSITE THE SIGNATURES OF THE
AGENTS.
NOTICE TO AGENTS: BY EXERCISING POWERS UNDER THIS DOCUMENT,
THE AGENT ASSUMES THE FIDUCIARY AND OTHER LEGAL
RESPONSIBILITIES OF AN AGENT UNDER COLORADO LAW.
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