Pour Over Last Will and Testament
A Pour Over will is just a fancy name for a Last Will and Testament when it is part of client-centered estate plan. The goal of having a revocable living trust is to put ALL of your assets in the Trust. However, sometimes a person will forget to title an asset in the name of the trust. It is not ideal, but when this happens the Pour Over Will with a probate proceeding transfers (pours) the asset into the Trust. The Pour Over Will also plays a very important role for parents by naming guardians for minor children. Keep this updated just like the other documents in your Estate Plan.
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