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Question 24 (1 point) Listen FP10-8.1 Gary, who owns a small business as a sole proprietorship, is meeting with his financial advisor Delany. She asks

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Question 24 (1 point) Listen FP10-8.1 Gary, who owns a small business as a sole proprietorship, is meeting with his financial advisor Delany. She asks Gary about his estate plans. Gary mentions that he has a valid will that leaves everything to his spouse Fanny, but does not have a power of attorney for property currently in place. Which of the following statements regarding Gary's situation is CORRECT? ( a) "Your business is a separate legal entity and continues on even after you pass away". Ob) "Your will can also name someone to manage your personal affairs in the case of incapacitation". c) "If you become incapicated and unable to manage the business, without a power of attorney there may be no one legally able to manage things on your behalf." O d) "If you become incapicated, as your spouse. Fanny is able to come in and handle your affairs and ensure your business runs"

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