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Learn about wills and how they distribute assets after death. Understand probate requirements, witness rules, and when you might need this essential document.
Yes, you typically need what's called a "pour-over will" even with a trust. This will catches any assets you forgot to transfer into your trust and directs them to the trust after your death. It also lets you name guardians for minor children, which a trust cannot do. Without a will, any assets outside your trust would be distributed according to state intestacy laws rather than your wishes.