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A general power of attorney enables an individual (the principal) to appoint someone else to make financial decisions on their behalf, either with specific or unlimited authority. This arrangement remains valid until the principal's death or incapacity. Unlike a durable power of attorney, a general power of attorney becomes invalid if the principal cannot make rational decisions due to conditions like coma or Alzheimer’s disease. It is useful in cases of incapacity, unavailability, or when managing daily financial affairs becomes challenging. This legal tool allows for the management of financial and property matters without the need for costly court proceedings.