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the general power of attorney what is a general power of attorney in a general power of attorney two parties a principal and an agent establish a relationship where the principal selects the agent to handle their financial related matters on their behalf which is agreed in writing such a document generally gives broad authorizations to the agent a principal is free to choose any person they deem trustworthy even though in most cases a spouse is chosen as an agent attorneys recommend selecting a person who is a beneficiary in your will you can also choose more than one agent letting the agents make decisions together or nominate an alternative agent who will step in if the previous one fails to act ing to the document how does it differ from other powers of attorney the only difference between general and durable power of attorney is that general one expires in the event you become incapacitated which should be determined by the court durable power of attorney remains in effect even aft
