Question

question 6 of 20
caitlins lawyer suggests that she name a(n) ______ to receive assets in the event of her death.

a. conservator
b. power of attorney
c. beneficiary
d. executor

Explanation:

• A conservator is appointed to manage the affairs of someone who is unable to do so, not specifically for receiving assets after death.
• A power of attorney is for someone to act on another's behalf while they are alive, not for post - death asset receipt.
• A beneficiary is the person who is designated to receive assets (like from a will, insurance policy, etc.) upon the death of the owner of those assets.
• An executor is responsible for carrying out the terms of a will, like distributing assets, but is not the one who receives the assets.

Answer:

C. beneficiary