Insert Field Validation from the Pour-Over Will and eSign it in minutes

Aug 6th, 2022
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How to Insert Field Validation from the Pour-Over Will

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[Music] what is a poor over will youve probably heard that term and have no idea what it means and most people dont so let me explain hi im lynn st louis estate planning and elder law attorney here in washington so a poor over will is simply a will it is a type of will its no different than any other kind of will so why is it called pour over the reason its called pour over is if youve heard that term your attorney has said that to you you have a revocable living trust as a component of your estate plan so a revocable living trust is a document that you sign as your estate planning as part of your estate plan and the purpose of it is so that upon your death you dont need to go through a probate process so lets say you and your spouse have a revocable living trust the idea is is that when the first of you dies everything probably goes to the surviving spouse when both of you die maybe everything goes down to your children or wherever you want it to go the terms of the trust say

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A pour-over will in Florida transfers all of a persons property and assets, that are subject to probate, into the decedents trust when he or she passes away. The property transferred into the trust is then distributed to the beneficiaries of the trust by the trusts terms.
A pour-over will is a last will and testament that serves as a safety device that captures all assets that are not transferred to or included in a living trust. All remaining property is passed through the will at death and distributed to trust beneficiaries that were named while you are alive.
A pour-over will can sweep up any assets you may have forgotten or not gotten around to transfering and deposit them into the trust for distribution to the trusts beneficiaries. You can also use the pour-over will to make specific bequests if you do not actually want everything going into the trust.
If there is no spouse and no children, the deceaseds parents will inherit. More distant relativesaunts, nephews, cousins of any degree, etc. are next in line if the deceased had no spouse, children, or parents. If the court cannot locate any living relatives, the state of Ohio will inherit the entire estate.
Do I Need a Lawyer to Make a Will in Ohio? No. You can make your own will in Ohio, using Nolos Quicken WillMaker Trust.
The will shall be attested and subscribed in the conscious presence of the testator, by two or more competent witnesses, who saw the testator subscribe, or heard the testator acknowledge the testators signature.
Do assets in a pour-over will avoid probate? No. While assets you place in a trust can be distributed directly to your beneficiaries without going through the probate process, anything you dont transfer to your living trust must go through probate court.
A pour-over will is a type of will that works in partnership with a living trust. Its designed to catch property you didnt put in your trust during your lifetime letting the court know you want these assets transferred to your trust after you die.

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