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Google is your friend. It took me 4 seconds to find this on the net.What's a pour-over will? I read it can be used in conjunction with a revocable trust or something like that? Can some kind person explain it to me?
What's a pour-over will? I read it can be used in conjunction with a revocable trust or something like that? Can some kind person explain it to me?
Yeah, thatA pour over will is a will that takes some or (usually) all of the decedents estate assets that had not been previously put in the trust and transfers them to the trust. That ensures that the assets will be handled as the trust directs. In essence, it is a back stop to the trust to make sure that nothing is left out of the trust that's supposed to be there.
Perhaps a better way to handle it is to put those added assets into the trust. The pour over will is designed to address assets that were not added to the trust previously. The actual document (the pour over will) is usually (but not necessarily) created concurrently with the trust.So, in other words, if I set up a revocable trust and more is added, the pour over will goes along with that? So first I make a revocable trust, right(?) and if I add assets to that, a pour over will goes along with that?.
So, in other words, if I set up a revocable trust and more is added, the pour over will goes along with that? So first I make a revocable trust, right(?) and if I add assets to that, a pour over will goes along with that?.
One more time once, mate.
The assistance you've repeatedly sought can't be found on an internet site from strangers for free.
If you seriously wish to protect your assets and ensure those assets one day are distributed as you desire, you need to hire an attorney licensed in your state of residence to create the necessary legal documents to achieve your needs.
You'll never achieve what you appear to require for free.
Unless, of course, you like blowing smoke and burning daylight; as you started doing regularly on April 09, 2022.
Will or Trust?
About Revocable Living Trust
DPA for my husband and myself - need help figuring it out
What happens if named executor in will refuses to be the executor?
I just want to understand terms and you keep making fun of me. Is that your army training?One more time once, mate.
The assistance you've repeatedly sought can't be found on an internet site from strangers for free.
If you seriously wish to protect your assets and ensure those assets one day are distributed as you desire, you need to hire an attorney licensed in your state of residence to create the necessary legal documents to achieve your needs.
You'll never achieve what you appear to require for free.
Unless, of course, you like blowing smoke and burning daylight; as you started doing regularly on April 09, 2022.
Will or Trust?
About Revocable Living Trust
DPA for my husband and myself - need help figuring it out
What happens if named executor in will refuses to be the executor?
While he may be poking at you at a bit, it's for good reasons. You are flailing around trying to do something that can have VERY serious consequences if done wrong. The fact that you are trying to do it in the first place makes it evident that you care about the people who will be left once you have passed on. Do you really want to make a mess of things and leave it to them to clean up?I just want to understand terms and you keep making fun of me. Is that your army training?
So, in other words, if I set up a revocable trust and more is added, the pour over will goes along with that? So first I make a revocable trust, right(?) and if I add assets to that, a pour over will goes along with that?
So, in other words, if I set up a revocable trust and more is added, the pour over will goes along with that? So first I make a revocable trust, right(?) and if I add assets to that, a pour over will goes along with that?.