Final answer:
Ella Holman would be acting as a trustee, managing the property in a trust for Davis Peterson until he reaches 30 years of age.
Step-by-step explanation:
The correct option : b
Ella Holman would be acting in the capacity of a trustee under the given circumstances. In a trust agreement, the trustee is responsible for managing the property or assets until certain conditions are fulfilled, such as the beneficiary reaching a particular age. In this case, because Davis Peterson must wait until he reaches the age of 30 to manage the property himself, Ella has the legal duty to manage it with his best interests in mind. This involves handling the assets according to the trust agreement's terms, providing for Davis's needs as stipulated, and protecting the property from loss or damage.
Her role is distinctly different from that of an executor, guardian beneficiary, or administrator, as each of those roles serves different functions in legal and estate contexts. As a trustee, Ella has a fiduciary duty to act in the best interests of Davis and to manage the property responsibly. She must follow the terms and conditions outlined in the trust agreement.