Chapter 56 of Title 20 Pa.C.S.A. provides, in part:
§ 5602. Form of power of attorney
(a) Specification of powers.--A principal may, by inclusion of the language quoted in any of the following paragraphs or by inclusion of other language showing a similar intent on the part of the principal, empower an agent to do any or all of the following, each of which is defined in Section 5603 (relating to implementation of power of attorney):
" To create a trust for my benefit.
" To make additions to an existing trust for my benefit.
" To disclaim any interest in property.
" To withdraw and receive the income or corpus of a trust.
" To engage in tangible personal property transactions.
" To engage in banking and financial transactions.
" To enter safe deposit boxes.
" To handle interests in estates and trusts.
" To pursue claims and litigation.