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A general power of attorney creates a relationship between a principal and an agent, allowing the agent to handle financial matters for the principal as outlined in a written document. This type of power of attorney provides broad authorizations to the agent, whom the principal can select based on trust, often choosing a spouse or a beneficiary from their will. Multiple agents can be appointed to make decisions jointly, and an alternative agent can be named if the primary agent is unable to act. The key distinction between a general power of attorney and a durable power of attorney is that a general power expires if the principal becomes incapacitated, while a durable power of attorney continues to remain in effect.