Which of the following correctly identify the requirements for both legal and personal competence for a fiduciary?

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Which of the following correctly identify the requirements for both legal and personal competence for a fiduciary?

  1. Must be a U.S. citizen
  2. Must meet a minimum age requirement as specified by state law
  3. Must be capable of analyzing a situation and making decisions
  4. Must be mentally competent as required by state law
 
 
A)
I and II
 
 
B)
II and III
 
 
C)
I, II, III, and IV
 
 
D)
III and IV
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