
Pour-Over Will
A pour-over will is a legal document that ensures any remaining assets not transferred into a trust during your lifetime are directed to that trust upon your death. Essentially, it "pours over" any leftover estate into a trust, which then manages and distributes your assets according to your instructions. This setup helps streamline estate planning by combining a will and a trust, providing privacy, avoiding some probate processes, and ensuring your assets are handled consistently. It’s particularly useful for individuals who want to maintain control over their estate and simplify distribution for their beneficiaries.