What is a pour-over will?

A pour-over will is a type of will specifically designed to help protect assets of an estate holder in the state of Washington. A pour-over will is typically used in conjunction with a trust because it ensures that all assets not already included in the trust are transferred into the trust after the estate holder’s death. This ensures that the assets are managed according to the estate holder’s wishes and that the beneficiaries of the estate receive the assets according to the wishes of the estate holder. When a pour-over will is used, the estate holder creates a trust and names beneficiaries in the trust. Then, when the estate holder passes away, any assets that the estate holder owned that were not already transferred into the trust are “poured” into the trust. This means that those assets are transferred into the trust and are distributed according to the terms of the trust set up by the estate holder. Using a pour-over will can provide peace of mind knowing that all of one’s assets will be transferred and managed in accordance with their wishes after they pass away. It is important to consult an Elder Law attorney in the state of Washington to ensure that the Will and the Trust are properly executed and that the estate holder will have the legal protection they need.

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What is a pour-over will?

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