What is a pour-over will?

A pour-over will is a document created in South Carolina wills and probate law that allows assets owned by an individual to be distributed after their death. It is used when an individual has property, such as stocks, investments, and other real property, that is not covered in the will. The pour-over will ensures that all assets are distributed according to the individual’s wishes. A pour-over will is written so that any property that is not already specified in the will is transferred to an already existing trust. The trust is set up to receive the assets from the pour-over will and to distribute them according to the instructions listed in the will. This ensures that all of the assets are distributed in the way the individual wishes, even if those assets are not specified in the will. A pour-over will can also be used in instances where an individual wants to make additions to a trust that they have already set up. It can be used to add assets that were not previously specified in the trust, ensuring that all of the assets are distributed according to the individual’s wishes. In South Carolina, a pour-over will must be properly drafted and signed by a lawyer in order to be valid. Additionally, the individual must be of sound mind when signing the pour-over will. It is also important to note that the pour-over will does not take the place of a traditional will – it is meant to supplement it.

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What is a pour-over will?

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