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They should be just fine. The point of a power of attorney (or any legal document) is that the subject of the document (the person giving the power of attorney to another) be easily identifiable. Using a shortened name and an initial will still be just fine. Note however that a power of attorney is not binding on third parties. It allows you to act on someone else's behalf, but does not force the third party (here a medical provider, etc...) to accept that. So it IS possible that they might take issue with it. I say possible, but not probable. Anyone who needs a power of attorney to do something for him would almost certainly accept the truncated form of his first name and his initial rather than the full, formal, legal name. It's clear who it means in both the form and the context.
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