When an Elderly Person Is Senile And/or Physically Unable to Handle

question 44

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.

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