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DURABLE FINANCIAL POWER OF ATTORNEY, Susan Perimeter of 6591 South Dahlia Circle, Centennial, Colorado, 80121 (hereinafter known as the “Principal “), HEREBY DESIGNATE Mike Perimeter of 863 Laramie
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To fill out a durable financial power of attorney, follow these steps:
02
Obtain the necessary forms: You can usually find durable financial power of attorney forms at your local courthouse or online.
03
Understand the terminology: Familiarize yourself with the legal terms used in the form to ensure you understand what you are signing.
04
Choose your agent: Select someone you trust to act as your agent and make financial decisions on your behalf.
05
Specify powers: Clearly define the powers you are granting to your agent. This can include handling banking transactions, managing investments, paying bills, and more.
06
Execute the document: Sign the durable financial power of attorney form in the presence of a notary public or other authorized person.
07
Distribute copies: Provide copies of the signed document to your agent, banks, financial institutions, and anyone else who may need to reference it.
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Review and update: Periodically review your durable financial power of attorney to ensure it still reflects your wishes and make updates as necessary.

Who needs durable financial power of?

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A durable financial power of attorney is beneficial for anyone who wants to ensure their financial matters can be handled in the event they become incapacitated or unable to manage their own affairs.
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It is particularly important for individuals with chronic illnesses, elderly people, and those who anticipate being unavailable for extended periods of time.
03
By designating a trusted agent through a durable financial power of attorney, you can have peace of mind knowing that your finances will be managed according to your wishes.
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Durable financial power of attorney is a legal document that gives someone the authority to make financial decisions on your behalf in the event that you become incapacitated.
Anyone who wants to designate someone to handle their financial affairs if they become unable to do so themselves should file a durable financial power of attorney.
To fill out a durable financial power of attorney, you will need to include information about the person granting authority (the principal) and the person receiving authority (the agent), as well as details about the specific powers granted.
The purpose of a durable financial power of attorney is to ensure that someone you trust can manage your financial affairs if you are unable to do so yourself.
Information such as the names and contact information of the principal and agent, details of the powers granted, and any limitations or conditions should be reported on a durable financial power of attorney.
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