As I am now going back to my seminar notes, and digging into this morass
more fully with only 4 months to go, I want to ask an overall question
in the following context.
I have a number of individual clients (probably most) who have close
family on whom they choose to rely, and, particularly in this economy,
would not authorize any legal work without a showing of absolute
necessity.
Is it a fair statement of the current situation that, in an operational
sense, as opposed to an oversight sense, if a new general power of
attorney is not executed after enactment of the new law and by 1/1/10,
the risk (probably likelihood) is that there will be at least some
powers, not previously enumerated, which a client thinks have been given
to his or her spouse or child, etc., but that will simply evaporate
because the new "specific grant of authority" requirements of 15-14-724
will not have been met?
--
Henry R. Reckler
5569 S Hanover Way
Greenwood Village, CO 80111-3730
Phone: 303-355-9300 Fax: 303-741-6027 Cell: 303-888-5244
John DeBruyn wrote:
> Comments, suggestions and other messages about the new Colorado POA
> act or drafting of a power of attorney may be added to this discussion
> by clicking on the "New Post" button at the bottom of this page.
> This page is at:
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> Looking forward to your participation,
> John
> John DeBruyn