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News and Articles on Pour Over Will
Planning a will often procrastinated (1) Dec 22, 2008
Some people will also include a will, known as a pour over will, as a safety net in case they leave something out of the trust, said Maddux. He said leaving all one s property in joint ownership or with a beneficiary named may also prevent the estate going to probate. (Bartlesville Examiner-Enterprise, OK)
What's the law? Jan 23, 2008
To answer your second question, when you have a revocable living trust drafted, you usually have a special type of will drafted called a pour over will. The pour over will works in conjunction with your trust agreement to insure that the distribution of your estate is uniform. (Honolulu Star-Bulletin)
Estate planning: Are you prepared? Nov 22, 2007
The trust also names a successor trustee to manage it if the trustor should become incapacitated A will is still needed to cover any assets not included in the trust, which is also known as a "pour over will.". Anyone with assets over $100,000 can consider estate planning to avoid probate for his or her heirs. (Daily Triplicate)
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