Hugh Bowersox been selected by Sandra Tyler to assume the responsibility of raising her children and managing her estate for those children if she were to die. In what capacity would Hugh be acting?

Question

Quizplus · Accepted Answer

Hugh Bowersox would be acting as the legal guardian of Sandra Tyler's children and managing their estate for their benefit in the event of her death. An executor is responsible for carrying out the wishes of a deceased person as specified in their will. A trustee manages a trust for the benefit of its beneficiaries. A beneficiary is someone who receives assets from an estate or trust. An agent acts on behalf of another person or entity.

Hugh Bowersox Been Selected by Sandra Tyler to Assume the Responsibility