Question #2 of 85 If a transferor is concerned about shielding his assets from a creditor, which of the following transfer techniques should he utilize? He should create a testamentary bypass trust....

If a transferor is concerned about shielding his assets from a creditor, which of the following transfer techniques should he utilize?

1. He should create a testamentary bypass trust.


2. He should transfer his assets to an UTMA for his minor child.


3. He should transfer his assets to a Section 2503(c) minor's trust and name an independent trustee.


4. He should execute a payable on death designation on his bank account.