A POA can be either general or limited. A general POA grants your Agent almost unlimited power to act on your behalf. This means that your Agent may be able to do things such as withdraw funds from your financial accounts, sell property and assets owned by you, and even enter into contracts in your name. Most states enforce some statutory restraints on an Agent even under a general Power of Attorney; however, if you execute a general POA you should assume that your Agent will have virtually unfettered control over your assets. With that in mind, you should only execute a general POA if you have complete trust in the person you name as your Agent.