Connor is worried that his health may soon deteriorate to the point where he will no longer be able to take care of his own finances. One way he could ease his mind would be to
A) name an executor to his will.
B) prepare a durable power of attorney.
C) transfer title to all of his real estate and financial assets to a relative he trusts.
D) invest all of his financial assets into a Keogh plan.

Question

Quizplus · Accepted Answer

A durable power of attorney is a document that gives an individual you name the power to take over your finances if you become incapacitated.

Connor Is Worried That His Health May Soon Deteriorate to the Point