If Walter Becomes Incompetent to Manage His Affairs

question 22

Multiple Choice

If Walter becomes incompetent to manage his affairs,

• A)his chosen attorney-in-fact can make decisions for him if he appointed the person in a durable power of attorney with a springing power to become effective upon Walter's incompetence.
• B)a court will allow an immediate family member to manage his affairs.
• C)his will becomes effective,and his executor or executrix will manage his business and personal decisions.
• D)​his property will be placed in a trust until such time as he is able to manage his affairs himself.

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Definitions:

Standardised

Made uniform or consistent by applying a set of norms or standards.

Uniform Procedures

Standardized methods or protocols that are implemented consistently across different situations or environments.

Administration

The process or activity of running a business or organization, including the management of operations and decision-making.

Test Norms

Statistical standards that describe the distribution of scores obtained by a specific group of test takers, which serve as a reference point to interpret individual scores.