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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
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
Please Explain
A. (1), (2), and (4) only are correct.
B. (2) and (4) only are correct.
C. (1) and (3) only are correct.
D. (4) only is correct.
E. All are correct.
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