Extract Fillable Fields Legal Washington Pour Over Will Forms For Free

The main difference is in scope. A standard will is intended to account for the entirety of the deceased's estate. They provide instructions for distributing all assets. By comparison, a pour-over will only gives instruction for handling assets not included in the standard will.

A Pour Over Will is just a type of Will you create that will allow for assets to automatically transfer to a previously set-up Living Trust. It's useful for those smaller assets that you may have forgotten, or for those you chose to not put into your Trust for any number of reasons.

Like other wills, a pour-over will nominates someone to serve as executor of the estate—that is, to wrap up the estate after your death. Normally, the executor's duties include gathering the assets, paying debts and taxes, and eventually transferring the assets to the beneficiaries named in the will.

Revoking Your Will in the State of Washington Perhaps the most direct way to revoke your will is by destroying the document itself. The Revised Code of Washington (RCW 11.12. 040) makes it clear that a “burnt, torn, canceled, obliterated, or destroyed” will is no longer considered valid.

Whether a pour-over will is required to go through probate is dependent on the value of the probate assets that are governed by the will. If the probate assets are valued at an amount in excess of $150,000, then probate is required.

As a Realtor specializing in probate sales in Bellingham and throughout Whatcom County, Washington, understanding the timeframe for settling an estate is crucial to effectively guiding clients through this process. In Washington state, there is no specific deadline by which an executor must settle an estate.

Although the pour-over will simplifies your estate planning, it does not help your executor and trustee avoid probate. Probate could take weeks or months to complete and during that time, your assets will have to sit in limbo. Disputes can get costly and it comes out of the trust's funds.

Lack of Due Execution – The legal protocol for executing a will was not followed precisely. Mistake – An error was made as to the nature of the document (e.g., the decedent believed they were executing a power of attorney when they were actually executing a will).

General Rule: Only attested (ie, witnessed) Wills are valid in Washington. Exception for “Foreign” Wills: A Will that is executed outside of Washington is valid in Washington if it is valid ing to the law of the jurisdiction where either: The Will was executed, or.