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Highlight Text Pour-Over Will

Highlight Text Pour-Over Will

Aug 6th, 2022

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How to Highlight Text Pour-Over Will

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Attorney Andrew Bethel discusses the importance of a pour-over will in conjunction with a living trust. A pour-over will serves to transfer non-trust assets into a living trust upon the individual's passing. This concept can be illustrated with the cup and saucer analogy: the trust acts as a teacup filled with assets, while the pour-over will is like a saucer that catches any assets not included in the trust. Instead of letting these assets enter probate (the table), the pour-over will ensures they are directed into the trust, acting as a safety net to prevent them from being lost in the probate process. This mechanism emphasizes the necessity of having both a trust and a pour-over will in estate planning.

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