There are two types of power of attorney (1) “General Power of Attorney” and (2) “Enduring Power of Attorney”. Both types involve a formal agreement where one person (known as the principal) gives another person (known as the attorney) power to make decisions on behalf of the principal.   The term “person” includes both natural persons and legal entities such as corporations. A General Power of Attorney can only be used for financial matters.  It operates only while the princ