The Rhode Island General Power of Attorney Form gives the Agent far reaching powers over almost all of the Principal’s financial agreements and affairs. What powers these are can vary slightly based on state and local laws, but in general they cover managing bank accounts, overseeing investments and signing legal and financial agreements on behalf of the Principal.
This agreement, more than almost any other, requires an Agent that the Principal trusts. It comes with the most power and thus both the most potential for abuse and the most responsibility. If the Principal is in any way unsure of their chosen Agent, they may wish to consider a Limited Power of Attorney form.