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Pour-Over Will Not a Cure-All, Say San Diego Probate Attorneys

A pour-over will is a solution to a trust that has been left accidentally or intentionally incomplete.

Suppose the trustor has not had the opportunity to complete the transfer of certain assets into their trust before they die. The pour-over will serves as a stop-gap transfer of those assets into the trust.

Unfortunately for beneficiaries, the reality of a pour-over will means that any asset “caught” by the pour-over clause will still need to go through California probate. Until the probate process is complete, the asset isn’t officially transferred into the trust.

Further Explanation on Pour-Over Will

What does that mean? The asset will now also need to go through the California trust administration process.  This makes the beneficiaries wait through both processes. This will mean several months, sometimes years, of additional waiting for those assets the decedent intended them to have.

Trustees shouldn’t assume that a pour-over will is protecting the decedent’s assets from the difficulties and expense of probate.

Are you the executor or administrator of an estate dealing with unclear terms in a will or trust? The probate lawyers with The Grossman Law Firm offer will contests, trust litigation services, probate, and trust administration services. To schedule your free, 30-minute consultation with a member of our legal team, call our offices toll-free at 888-443-6590. Get in touch with us online through our convenient quick contact form.

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Scott Grossman

Scott Grossman

Attorney

The Grossman Law Firm, APC · 525 B Street, Suite 1500, San Diego, CA 92101 · (951) 523-8307
 

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