How do I execute a durable power of attorney?

In Colorado, a durable power of attorney can be executed in several different ways. The most common way to execute a durable power of attorney is to sign a form. The form should include the date of execution, the name of the principal (the person granting the authority) and the name of the agent or attorney-in-fact (the person being granted authority). The form should also specify the powers given and when they become effective. The other way to execute a durable power of attorney is orally, in front of two witnesses. The witnesses must be 18 years old or older and must not be the person signing the power of attorney or the person being granted authority. The witnesses must also sign a statement affirming that the person signing the power of attorney was of sound mind and understood what they were doing. Once the durable power of attorney has been executed, it should be notarized by a public notary. This process involves verifying the identity of the principal and witnessing the signature. It is important to note that a durable power of attorney can be revoked at any time by the principal. In summary, executing a durable power of attorney in Colorado can be done either by signing a form or orally in front of two witnesses. Once the form is signed, it must be notarized by a public notary. Lastly, keep in mind that a durable power of attorney can be revoked at any time by the principal.

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