Pour Over Wills
Learn how pour-over wills can seamlessly integrate your estate plan by automatically transferring unassigned assets into a trust upon your passing.
How does a pour-over will function in an estate plan?
A pour-over will is a legal document designed to ensure that any assets not directly transferred into your living trust during your lifetime are automatically 'poured over' into your trust upon your death. This can be particularly helpful in capturing assets that might have been overlooked or acquired shortly before passing. While it doesn't avoid probate, it simplifies the asset distribution process by consolidating your estate within the trust, aligning with your intended estate plan. This results in a more coherent execution of your wishes, maintaining consistency across your entire estate plan.
