Transform your daily workflows and Type Pour-Over Will

Aug 6th, 2022
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How to Type 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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Holographic Will This is a will prepared entirely in your own handwriting and signed by you. Holographic wills do not require any witnesses. Experts advise against the use of these types of wills, since they are frequently subject to misinterpretation and challenge.
1. Living Will. Despite the similarity in name, a Living Will actually does a lot more than a traditional Last Will and Testament can. Also called an Advance Healthcare Directive, a Living Will is good for end-of-life planning and to make your wishes known regarding medical care you may want in the future.
There are two main types of Wills, attested Wills and holograph Wills. Both types of Wills perform the same function by allowing you to name people who will receive your property when you die, and name a personal representative to make sure that your wishes are carried out.
The difference between a simple will and a pour-over will is that a simple will is meant to handle your entire estate, such as by leaving it to your spouse or your kids. A pour-over will exists only to move assets into the trust and works in conjunction with either a revocable living trust or an irrevocable trust.
Simple wills are the most common type of will and the type most people associate with the concept of a will. They outline how youd like your assets to be handled and how and where they should be distributed. Simple wills typically name an executor or trustee to manage your estate.
Per stirpes, Latin for by branch, refers to every person down a family tree beginning from another person. For example, everyone below a parent, such as their children and their great-grandchildren, is included in a branch.
The most common type of will is a simple last will and testament. It clearly identifies an executor, and clearly outlines the distribution of assets to specific heirs and beneficiaries.
1. Attested Written Wills. By far the most common type of will, an attested written will is typed and printed, then signed by the testator and two witnesses. Witnesses must either see firsthand the testator signing the document or hear the declaration of the will.

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