This Legal Last Will and Testament Form with Instructions, called a Pour Over Will, leaves all property that has not already been conveyed to your trust, to your trust. This form is for people who are establishing, or have established, a Living Trust. A living trust is a trust established during a person's lifetime in which a person's assets and property are placed within the trust, usually for the purpose of estate planning. A "pour-over" will allows a testator to set up a trust prior to his death, and provide in his will that his assets (in whole or in part) will "pour over" into that already-existing trust at the time of his death.
A Pour Over Will is a specific type of Last Will and Testament form used in Sandy Springs, Georgia that enables individuals to efficiently transfer all their property to a trust upon their death. This legal document acts as a safety net, ensuring that any assets not already placed into the trust during the testator's lifetime are included upon their passing. By employing a Pour Over Will, individuals can gain added protection and control over the distribution of their assets and the administration of their estate. In Sandy Springs, Georgia, there are several variations and types of Legal Last Will and Testament Forms with All Property to Trust referred to as Pour Over Wills. These variations might include: 1. "Basic Pour Over Will": The Basic Pour Over Will is a straightforward document that outlines the testator's intention to transfer all their property to a trust, ensuring its protection and management according to their wishes. 2. "Revocable Living Trust Pour Over Will": This type of Pour Over Will is utilized in conjunction with a Revocable Living Trust. It enables individuals to maintain control over their assets during their lifetime while guaranteeing a seamless transfer to the trust upon their death. 3. "Testamentary Pour Over Will": A Testamentary Pour Over Will is created as part of a larger estate planning strategy and comes into effect only upon the testator's death. This document ensures that any assets not included in an existing trust are properly transferred following the testator's wishes. 4. "Guardianship Pour Over Will": A Guardianship Pour Over Will is specifically designed for individuals with minor children. This document allows the testator to designate a guardian for their children and ensures that assets are transferred to a trust for the benefit of the children, managed by a trustee until they reach legal age. By using Sandy Springs Georgia Legal Last Will and Testament Form with All Property to Trust called a Pour Over Will, individuals can establish comprehensive estate plans, ensuring the protection and distribution of their assets according to their requirements.
