pour-over trust
- A type of trust that is designated to make receipt of assets from a will or another established trust following the death of the person who established it
- In her will, she delineates that upon her death, all her remaining assets will go into the pour-over trust for further distribution.
- The pour-over trust is being set up to ensure the smooth transition of his assets after his demise.
- Upon his death, everything in his estate not specifically bequeathed to someone will flow into a pour-over trust.
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