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Q.

What is a Pour Over Will?

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9 months

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As a lawyer, I can tell you what is a pour over will in a living trust. This will serve as a “safety net” for assets that were not moved into the trust while the testator was still alive. It is used in conjunction with a living trust. I have shared more details about it below.

What does Pour Over Will Mean?

One kind of will that collaborates with a living trust is a pour-over will. It catches assets you did not place in your trust while you were alive, informing the court that you would like them to be moved to your trust upon your passing.  

It simplifies the distribution process by directing that these assets be poured over into the trust, where they can then be managed according to the terms outlined in the trust document.

Benefits of Pour-Over Wills

The key benefits of a pour-over will include:

  • It ensures that all assets are managed under the same trust. It provides clarity and consistency.

  • If certain assets aren’t in the trust, a pour-over will prevent them from being distributed according to intestacy laws.

  • Trusts rarely go through probate. So, using a pour-over will can maintain privacy regarding asset distribution.

I hope you found this helpful.

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