A Limited Power of Attorney (POA) is a legal document that grants specific powers to an individual, known as an agent or attorney-in-fact, to act on behalf of another person, known as the principal, within specific limitations and for a specified period. In Thornton, Colorado, there are several types of Limited Power of Attorney documents, each including unique powers that can be specified. 1. Financial Limited Power of Attorney: A Financial Limited Power of Attorney grants the agent the authority to handle financial matters on behalf of the principal. Sample powers that can be included in this document are: — Managing bank accounts and investments — Paying bills and managing finance— - Filing tax returns and handling tax matters — Making or accepting financial transactions — Applying for loans or credit card— - Selling or purchasing real estate or other assets 2. Healthcare Limited Power of Attorney: A Healthcare Limited Power of Attorney bestows authority upon the agent to make medical decisions for the principal if they are unable to do so themselves. Sample powers that can be included in this document are: — Making decisions regarding medical treatments and procedures — Selecting healthcare providers or facilities — Accessing medical records and information — Making end-of-life decisions, including the withholding or withdrawal of life-sustaining treatments — Consent for surgical procedures or medications — Determining which medical facilities the principal should be admitted or discharged from 3. Property Limited Power of Attorney: A Property Limited Power of Attorney grants the agent authority over the principal's property and real estate matters. Sample powers that can be included in this document are: — Buying, selling, leasing, or managing real estate or property — Handling property tax matter— - Signing contracts, agreements, or deeds on behalf of the principal — Managing investments and financial transactions related to property — Renovating or modifying thpropertyrt— - Accessing safety deposit boxes or storage units It is vital to customize the Limited Power of Attorney document to fit the specific needs and requirements of the principal. The powers granted can be tailored based on the principal's preferences and may vary depending on the situation or duration of the power granted. Note: It is highly recommended consulting with a qualified attorney to ensure the accurate drafting and execution of a Limited Power of Attorney document. These samples are for informational purposes only and should not be considered legal advice.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.