What is a “Pour-Over” will?

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A "pour-over" will is used to distribute any property that is acquired in the name of the grantor after the living trust was established, or any property that was not transferred into the trust in the first place. The use of "pour-over," together with a living trust ensures that assets not held in trust will be distributed in accordance with the wishes of the deceased. A "pour-over" will, like any other will, must go through probate if the decedent dies owning assets

© Alex J. Llorente  2012