Pour-Over Will

noun

/pɔr ˈoʊ.vər wɪl/

In a Nutshell

A will that transfers any remaining assets into a trust after death, 'pouring over' everything not already in the trust.

PLAIN ENGLISH

A will that works with a living trust. During your life, you transfer assets into your trust. But what if you forget something or acquire new assets without putting them in the trust? The pour-over will is a backup that says "whatever I still own in my own name when I die, pour it over into my trust." This way, everything ends up distributed according to your trust's instructions, even if you didn't transfer it during your lifetime.

⏱ When you'll encounter this term

  • Setting up a revocable living trust estate plan
  • Working with estate planning lawyer on trust-based plans
  • Reviewing comprehensive estate planning documents
  • Administering an estate with both will and trust
  • Discussing probate avoidance strategies
EXAMPLE

"Mum set up a living trust and transferred most assets into it. Her pour-over will said 'anything I own at death that's not already in my trust goes into the trust.' Her house and accounts were in the trust and avoided probate, but a small bank account she'd opened the year before she died went through probate and poured over into the trust."

💡 Did you know?

Pour-over will assets still go through probate before pouring into the trust—they don't magically avoid probate just because there's a trust. The pour-over will is a safety net for forgotten assets, but ideally, you want all assets in the trust during your lifetime to completely avoid probate.