Colorado power of attorney forms are used best to plan for the future regarding financial and healthcare decisions. A power of attorney is a valuable legal means to enable you to have someone else carry out your financial and healthcare decisions if you are unable to do so. A financial power of attorney lets you, the principal, authorize someone else, called the agent, to perform financial transactions on your behalf. A power of attorney for healthcare allows someone else to direct what types of medical treatment you will receive if you are incapacitated. If either party has questions about their rights they may be able to view them by reading the Colorado Uniform Power of Attorney Act.