What is a pour-over will and how do I make one with WillMaker?
Pour-over wills transfer property to a trust after death. Most people who make pour-over wills leave most or all of their property through a living trust or through other beneficiary designations (such as life insurance), so that very little property ends up passing through the will. You can use the Quicken WillMaker will as a pour-over will. To do so, name your trust as beneficiary of the will using the trustee's name and the name of the trust. For example: "John Doe as trustee of the John Doe Living Trust, dated January 1, 20xx."
The property you leave through the will may have to go through probate when you die. Because living trusts are designed to avoid probate, if you leave too much property through your will, you may end up thwarting your own intentions. Before you make a pour-over will, be sure you know how much property your state allows you to pass through your will without triggering probate proceedings. Learn more about pour-over wills.