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