A pour-over will is a will that directs remaining estate assets into a trust, often a living trust.
Why It Matters
This document matters because estate plans often combine wills and trusts rather than using only one tool. A pour-over will helps coordinate property that was not already transferred into the trust during life.
Where It Appears
Pour-over wills appear in estate planning, probate administration, trust-based planning, and disputes over how remaining assets should be directed after death.
Practical Example
A person creates a living trust but dies owning some assets outside the trust. A pour-over will may direct those remaining assets into the trust through the probate process.
How It Differs From Nearby Terms
A standard will can distribute assets directly to beneficiaries. A pour-over will channels remaining assets into a trust. A living trust is the destination vehicle that the will is designed to support.
Related Terms
Knowledge Check
- What does a pour-over will do? It directs remaining estate assets into a trust.
- How is it related to a living trust? It often works as a backup device that moves remaining property into the living trust after death.