Estate Planning Attorney Oklahoma City
Lots of people believe that estate planning is only for the rich. This is not the truth. Estate planning can help to safeguard properties and ensure your heritage will last long after you are gone. Proper estate planning is about what happens during your lifetime.
A pour over will is simply an elegant name for a Last Will when it is part of a client-centered estate plan produced by a lawyer. The objective of having a revocable living trust is to put every one of your properties and all of your assets in the Trust.
In some cases, a person will certainly neglect to title property in the name of the trust. When this happens the Pour Over Will with a probate case transfers (puts) the asset into the Trust. The Pour Over Will also play a part - a very vital role - for parents by naming guardians for small youngsters.