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Prevent Lapses In Legacy With Pour Over Wills

Posted by Dana Law Group on January 24, 2023

It is important for you to make sure that as much of your inheritance is passed down to your heirs as possible. One of the best ways to make sure that happens is to have a will associated with your estate plan. One specific type of will that could be beneficial is a pour-over will. Learn more about this type of will below, and reach out to an experienced estate planning lawyer in Arizona who can help you.

What Is a Pour Over Will?

A pour-over will is similar to just about any other will you might write. It can help you make sure that your assets are passed down to the right people while minimizing the amount of time that your assets spend in probate court. On the other hand, a pour-over will takes your property and pours it into a trust that you have set up in advance.

Then, when you pass away, your assets are distributed to the right people through the trust instead of probate court. If you want to avoid the probate process, this is one of the best ways for you to do so.

What Are the Top Benefits?

There are several significant reasons why you might be interested in this type of will. They include:

  • It makes sure that all of your assets go to the right people.
  • You can make sure that your estate is distributed in accordance with your wishes.
  • With a single document, you can control how all of the assets tied to your state are divided, meaning that it is easier for the executor to make sure all of your assets are distributed correctly.
  • You can keep your estate private because you don’t have to worry about everything you own ending up in probate court.
  • You can maximize the amount of your assets that end up in the hands of your intended beneficiaries because you can avoid the expenses associated with the probate process.

It is important for you to make sure you maximize the benefits of this option, and that is why you need to reach out to an estate planning lawyer in Arizona who can help you.

Call the Dana Law Group for Help Planning Your Estate in Arizona

If you want to have a comprehensive estate plan in Arizona, it is critical to work with a lawyer who can help you. We are the Dana Law Group, and we have a lot of experience helping families of all backgrounds make sure that their estate is taken care of. Now, it would be our pleasure to help you as well. Contact us today for a consultation, and learn more about how we can help you.