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White Out Pour-Over Will

White Out Pour-Over Will

Aug 6th, 2022

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How to White Out Pour-Over Will

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In this video, Kevin Snyder, an estate planning and elder law attorney, explains the concept of a pour-over will. He addresses common questions about the differences between wills and trusts, emphasizing that both may be necessary for effective estate planning. Snyder highlights that when establishing a revocable living trust, a pour-over will is also created as a safety net. This will ensures that any assets owned solely in the individual's name, which were not included in the trust at the time of death, are transferred into the trust. He uses the analogy of a trust as a box to illustrate that only assets inside the trust are managed by it.

Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

What is an example of per Stirpes?

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.

What is it called when a will is read out?

Once the grant of probate is issued, the will becomes a public document. Anyone can then obtain a copy by applying to the Probate Registry and paying the appropriate fee.

What is a pour out will?

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.

Does a will have to be read out?

After death An executor may decide to send a copy of the will to family members or close friends and allow them to read its contents, and usually, there is little reason not to disclose the contents of a will. However, strictly speaking, an executor does not have to do this.

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