Pour over wills can be very helpful in protecting your assets. Combined with a trust, it will ensure that that you can plan for your family and your future.
A pour over will is a last will and testament by which the maker of the will has also created a trust and declares that the property of his or her estate is to be distributed by the trustee. The pour over will is a “catch all” to ensure that any property that may have failed to make it into the trust during the grantor's lifetime memorializes the intent of the grantor to have placed it into the trust.
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Pour over wills can still be subject to probate, so ideally, any and all property you may acquire after your living trust is created is placed into the trust. Nevertheless, the pour over will is the last effort to ensure that remaining property is placed into the trust.
For legal assistance and advice regarding your unique estate, call our estate planning lawyers at (949) 570-5466. You can also schedule a complimentary initial consultation with Financial Relief Law Center, APC by contacting us online. Se habla español.
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