Lucy Kelson has been selected to manage the assets of Rodney Peterson until he reaches the age of 30.Rodney is currently 21.In what capacity would Lucy be acting?

Question

Quizplus · Accepted Answer

Lucy Kelson would be acting as a trustee, as she has been selected to manage the assets of Rodney Peterson until he reaches the age of 30. As a trustee, she will be responsible for making decisions and managing the assets in the best interest of Rodney, the beneficiary.

Lucy Kelson Has Been Selected to Manage the Assets of Rodney