Trust Account Ownership

C

The correct answer to the question is C. Agency Services.

In an agency relationship, the agent (also called the fiduciary or the trustee) acts on behalf of the principal (also called the trustor or the grantor) to manage assets or make decisions according to the principal's instructions. Unlike in a trust relationship, legal title to the property remains with the principal in an agency relationship.

Therefore, option A, Guardianship, and option B, Estate Administration, are incorrect answers. In guardianship, a court appoints a guardian to manage the affairs of a minor or incapacitated person, and in estate administration, an executor or administrator manages the assets of a deceased person's estate. In both of these relationships, legal title to the assets is conveyed to the guardian or the executor/administrator, respectively.

Option D, None of these, is also incorrect, as the correct answer is C, Agency Services.

In summary, the key takeaway is that in an agency relationship, legal title to the property remains with the principal, unlike in a trust relationship where legal title is conveyed to the trustee.