What is a pour-over will?

A pour-over will is a legal document that is used in elder law in South Carolina and other states. It is a document that allows assets to “pour over” into a trust when a person passes away. When a person makes their will, they usually outline their wishes for their assets and intentions for how they would like to see their estate divided and distributed. The pour-over will works in conjunction with this will and it is used to add any additional assets that may not have been addressed in the will. For example, if an individual passed away but had not included all of their assets in their will, the pour-over will would ensure that those assets would be transferred to the trust and distributed according to the wishes of the deceased. This can be especially important when it comes to estate planning, as it ensures that all of the assets will be distributed to the intended heirs. Additionally, pour-over wills are often used to avoid probate court. This can be a beneficial outcome for those who wish to keep the transfer of assets as private as possible. The pour-over will is a powerful tool in South Carolina elder law when it comes to estate planning, and it is important to understand how it works if you plan on dividing your estate between multiple heirs.

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What is a pour-over will?

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