One of your clients wants a trust over which he can


One of your clients wants a trust over which he can exercise exclusive control over disposition of his assets to his children from a former marriage. Which of the following trusts apply?

(1) bypass trust

(2) power of appointment trust

(3) QTIP trust

(4) an estate trust

  • 1, 2, and 4 only are correct
  • 2 and 4 only are correct
  • 1 and 3 only are correct
  • 4 only is correct
  • all are correct

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Finance Basics: One of your clients wants a trust over which he can
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