Ultimately prevent him from managing his own finances

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Unfortunately, your best friend has been diagnosed with an illness that will ultimately prevent him from managing his own finances. Your friend has the utmost trust in you and is confident that if the need arises you would make the best decisions as to how to use his money to provide for his care. The best way for your friend to accomplish the objective of giving you the authority to make financial decisions for him in the event he becomes incapable of making the decisions for himself is to create a (select the most correct answer):

Last Will and Testament.

Power of Attorney for Health Care.

Durable Power of Attorney.

Power of Attorney.

Reference no: EM131129034

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