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Legal Last Will and Testament Form with All Property to Trust Called a Pour over Will New Mexico

Legal Last Will and Testament Form with All Property to Trust Called a Pour over Will New Mexico

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Pour over last will and testament. You'll hear it called a pour over will or a pour pour over last will and testament. But that basically means that if you have a revocable trust centered estate plan, your pour over will or your pour over last will and testament. Is there just in case you forget to put an asset into your trust. So let me give you an example that we see on a regular basis. A family will come into or a couple will come into our office and we will do a revocable living trust for them. Right. And we do all of it. They get a revocable living trust centered estate plan. And as part of that process, we make certain that the house that they're living in is put into the name of the trust. Another which we changed the title from Jim and Sally Smith to Jim and Sally Smith, trustees of the Jim and Sally Revocable Living Trust. Got it. OK. What we see, though, is that a lot of times that as they get older, they will sell that house and maybe downsize to a smaller ho

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