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- Pour-over_will abstract "A pour-over will is a testamentary device wherein the writer of a will creates a trust, and decrees in the will that the property in his or her estate at the time of his or her death shall be distributed to the Trustee of the trust. Such device was always void at English common law, because it was not deemed as a binding trust, in that the testator can change the disposition of the trust at any time and therefore essentially execute changes to the will without meeting the formalities required for the change. More recently, however, a number of jurisdictions have recognized the validity of a pour-over will. In the jurisdictions in the U.S. which allow a pour-over will, testators do not usually put all of their assets into trusts for the reasons of liquidity, convenience, or simply because they did not get around to do so before they died. A pour-over clause in a will gives probate property to a trustee of the testator's separate trust and must be validated either under incorporation by reference by identifying the previously existing trust which the property will be poured into, or under the doctrine of acts of independent significance by referring to some act that has significance apart from disposing of probate assets, namely, the revocable living trust (inter vivos trust). The testator's property is subject to probate until such time as the pour-over clause is applied, and the estate assets \"pour\" into the trust. The trust instrument must be either in existence at the time when the will with the pour-over clause is executed, or executed concurrently with the will to be a valid pour-over gift. However, the trust need not be funded inter vivos. The pour-over clause protects property not previously placed in a trust by pouring it into the previously established trust through the vehicle of the will.".
- Pour-over_will wikiPageID "2248867".
- Pour-over_will wikiPageLength "2097".
- Pour-over_will wikiPageOutDegree "16".
- Pour-over_will wikiPageRevisionID "694910523".
- Pour-over_will wikiPageWikiLink Acts_of_independent_significance.
- Pour-over_will wikiPageWikiLink Category:Wills_and_trusts.
- Pour-over_will wikiPageWikiLink English_law.
- Pour-over_will wikiPageWikiLink Estate_(law).
- Pour-over_will wikiPageWikiLink Incorporation_by_reference.
- Pour-over_will wikiPageWikiLink Jurisdiction.
- Pour-over_will wikiPageWikiLink Market_liquidity.
- Pour-over_will wikiPageWikiLink Probate.
- Pour-over_will wikiPageWikiLink Property.
- Pour-over_will wikiPageWikiLink Testator.
- Pour-over_will wikiPageWikiLink Trust_instrument.
- Pour-over_will wikiPageWikiLink Trust_law.
- Pour-over_will wikiPageWikiLink Will_and_testament.
- Pour-over_will wikiPageWikiLinkText "Pour-over will".
- Pour-over_will wikiPageUsesTemplate Template:Unreferenced.
- Pour-over_will wikiPageUsesTemplate Template:Wiktionary.
- Pour-over_will wikiPageUsesTemplate Template:Wills,_trusts,_estates.
- Pour-over_will subject Category:Wills_and_trusts.
- Pour-over_will hypernym Device.
- Pour-over_will type Device.
- Pour-over_will type Document.
- Pour-over_will type Document.
- Pour-over_will type Redirect.
- Pour-over_will comment "A pour-over will is a testamentary device wherein the writer of a will creates a trust, and decrees in the will that the property in his or her estate at the time of his or her death shall be distributed to the Trustee of the trust.".
- Pour-over_will label "Pour-over will".
- Pour-over_will sameAs Q7235686.
- Pour-over_will sameAs 포괄적_유언.
- Pour-over_will sameAs m.06z3c3.
- Pour-over_will sameAs Q7235686.
- Pour-over_will wasDerivedFrom Pour-over_will?oldid=694910523.
- Pour-over_will isPrimaryTopicOf Pour-over_will.