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A general power of attorney allows an individual (the principal) to grant someone else the authority to make financial decisions on their behalf, either with specific or unlimited control. This arrangement is active until the principal's death or incapacitation. However, it becomes invalid if the principal loses the mental capacity to make rational decisions, such as in cases of coma or Alzheimer's disease. A general power of attorney can be beneficial in situations of incapacity, inconvenience, or unavailability, enabling someone to manage financial or property matters without lengthy court processes.