What is a pour-over will?

A pour-over will is a type of trust-based estate planning document used in North Dakota trusts and estates law. It is normally used in combination with a trust, such as a living trust, but can also stand on its own. A pour-over will is a document that is used to transfer any assets, which are not already in the trust, to the trust upon the death of the maker of the will. By doing this, all of the maker’s assets are “poured over” into the trust to be distributed according to the terms of the trust. A pour-over will is a beneficial tool when it comes to trusts and estates law in North Dakota. The main advantage of using a pour-over will is that it allows the maker of the will to have control over what happens to their assets even after their death. It also ensures that all of the maker’s assets, not just those in the trust at the time of death, are distributed according to the maker’s wishes. Since the pour-over will “pours” the assets into the trust, the rearrangement of the assets is held to adhere to the terms of the trust. In conclusion, a pour-over will is an estate planning document used in North Dakota trusts and estates law that is used to transfer any assets not already in the trust to the trust upon the death of the maker of the will. It provides the maker of the will with control over their assets even after their death and ensures that all of the assets are distributed according to the maker’s wishes.

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