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Notary Terms and Definitions

May 14, 2016 PMiller

Before finalizing your estate plan, you should become familiar with some of the notary terms that are associated with the act of signing your documents. What is a Notary? “Notary” or “Notary Public” means any individual appointed and commissioned to perform notarial acts [C.R.S. 12-55-102(3)] Because the definition in the Colorado Revised Statutes is so brief, the following information has been included to further describe what a Notary is. Various definitions/synonyms for “notary public” can be drawn from other states’…

Colorado Medical Power of Attorney

October 6, 2015 PMiller

A Colorado medical power of attorney is a legal document that gives an individual, the power to make healthcare decisions on your behalf. This document along with, the financial power of attorney are two important instruments every estate plan should include. Similar to the financial power of attorney, a healthcare power of attorney creates a principal and agency relationship. You are the principal, and the person you designate is your health care agent. Plan For Incapacity First Most people when…

Colorado Financial Power of Attorney

September 20, 2015 PMiller

A Colorado financial power of attorney gives a person the ability to manage someone else’s finances if they become incapacitated. Incapacitation is when a person is unable to communicate or understand. Not to be confused with a medical power of attorney, this document concerns an individual’s finances. How It Works The maker of the document is the principal. The principal designates an agent to manager her finances, in case she becomes incapacitated. If the principal becomes incapacitated the agent will…

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