What is a pour-over will?
A pour-over will is a type of will commonly used in California trusts and estates law. It is a will that ensures whatever property the person owns at the time of their death is “poured over” into the trust they have already set up. In other words, the pour-over will helps ensure that any property that is not already accounted for in the trust gets moved from the deceased person’s estate into the trust when they pass away. The pour-over will typically includes language that states the person’s intent for their property to be added to the trust, which is the main purpose of a pour-over will. Other provisions may be included in the pour-over will as well, depending on the individual’s wishes. Generally, the pour-over will will serve as the catch-all document after all other assets have been moved into the trust. Using a pour-over will can be an excellent way to help ensure that all of a person’s assets are properly allocated according to their wishes after they pass away. It is important to work with a trusts and estates attorney in California to ensure that your pour-over will is drafted correctly and that all of your estate planning needs are taken care of.
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