Colorado Financial Power of Attorney
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…