Multiple Choice
When an elderly person is senile and/or physically unable to handle his/her own finances and other affairs, a close relative, such as a son or daughter, may petition a court to
A) create an inter-vivos trust with the elderly person as beneficiary.
B) declare a conservatorship with the elderly person as conservatee.
C) declare the elderly person legally insane, and then creates a living will
D) make an assignment of all assets to the closest relatives in exchange for their agreement to care for the elderly person until death.
Correct Answer:

Verified
Correct Answer:
Verified
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