WHAT IS A POUR-OVER WILL?

With a Professionally Drafted Estate Plan, a "Pour-Over Will" is created to minimize Probate. Commonly referred to as a "pour-over" will because this type of Will Pours your assets into your trust. Under the terms of the Will, any assets held by you which have not previously been transferred into your Trust will be added to the Trust at the time of your death. The purpose of this is to make sure all of your assets (whether in the Trust or not) are distributed according to the dispositive plan set forth in the Trust. The Wills also designate the Guardian of any minor child. You have a "stand-alone" Power of Attorney and a Health Care Power of Attorney for any minor child). This will be explained further during our meeting.