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A general power of attorney is a document that allows one person (the principal) to authorize another (the agent) to conduct business or make decisions on their behalf. Also known as financial powers of attorney, these documents are beneficial for individuals who may be traveling or unavailable during time-sensitive matters. They can also facilitate empowering experienced individuals to make critical financial decisions that typically need the principal's consent. The agent, who does not need to be a lawyer, acts based on the principal's designation. Understanding how general powers of attorney work and when to create one is essential for effective decision-making.