What Do Wills Mean In Estate Planning?

What Do Wills Mean In Estate Planning?

A written document that contains instructions for the disposal of assets at a person’s death.  This is filed and enforced through a probate process, sometimes involving the probate court.  Laws vary by state.
 

Holographic Will

A will that is partially or fully handwritten.  Not all states recognize holographic wills.
 

Pour-over Will

Used together with a revocable trust to “pour” any assets that were not in a decedent’s trust at the time of death over to the trust.
Kelley Scrocca
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Business Estate Planning and Probate Attorney