A 72-year old widow receives the income from a trust. Her adult children will receive the trust's principal when she dies. The children are the trustees for the trust. In order for an Investment Adviser to open an account for the trust, the IA should:
I Review the trust documents for guidance
II Invest the assets with an objective of a balance of income and growth
III Review the potential conflict of interest with the beneficiaries and obtain a statement of consent
IV Permit the adult children to direct the investment decisions made for the account
A. I and II
B. III and IV
C. I, III, IV
D. I, II, III, IV