Pour Over Will Illinois
What is pour over will illinois?
A pour over will in Illinois is a legal document that allows you to direct where your assets will go after your death. It is called a 'pour over' will because it works in conjunction with a trust. The pour over will ensures that any assets not explicitly included in the trust will be 'poured over' into the trust upon your death. This helps streamline the distribution of your assets and ensures that your wishes are carried out.
What are the types of pour over will illinois?
In Illinois, there are two main types of pour over wills: simple pour over wills and complex pour over wills. A simple pour over will is typically used when you have a straightforward estate plan and want all your assets to be transferred to your trust. A complex pour over will, on the other hand, is used when you have more complex estate planning needs, such as multiple trusts or specific instructions for certain assets.
How to complete pour over will illinois
Completing a pour over will in Illinois involves the following steps:
pdfFiller empowers users to create, edit, and share documents online. Offering unlimited fillable templates and powerful editing tools, pdfFiller is the only PDF editor users need to get their documents done.