Will - Pour-Over Will
Definition
A Pour-Over Will is a specific type of Last Will and Testament designed to work in conjunction with a living trust to provide a safety net for assets that might have been overlooked in trust planning.
This type of will
- allows any assets not already in your living trust at the time of your death are transferred (“poured over”) into the trust,
- ensures any forgotten assets or recently acquired property will be included in your trust, and
- appoints someone to manage the transfer of assets to the trust.
Any assets not already in a trust will still go through probate but their distribution is governed by the Pour-Over Will, not intestate succession.
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