- pour–over trust
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pour–over trust see trust
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
pour–over trust
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pour–over — 1 / pōr ˌō vər/ adj: providing for or creating the transfer of property in a decedent s estate or a trust to a pour over trust a pour–over provision a pour–over bequest see also pour over trust at trust; pour over will at … Law dictionary
pour over — vi: to be conveyed from an estate or trust to another trust; broadly: to be transferred as a residue or surplus the remainder of the estate will pour over to a charitable trust vt: to cause to be conveyed esp. to a pour over trust Merriam… … Law dictionary
pour over will — n. a will of a person who has already executed a trust in which all property is designated to be distributed or managed upon the death of the person whose possessions are in trust, leaving all property to the trust. A pour over will is a… … Law dictionary
pour-over will — A will that pours over property into a trust when the will maker dies. A pour over will is intended to guarantee that any assets which somehow were not included in the trust become assets of the trust upon the party s death. Property left through … Law dictionary
pour-over — A clause in a will or trust that provides that, upon the death of the creator of the trust, his or her money or property will be transferred into some other existing trust. Dictionary from West s Encyclopedia of American Law. 2005. pour over … Law dictionary
Pour-over will — A pour over will is a testamentary device wherein the writer of a will creates a trust, and decrees in the will that the property in his estate at the time of his death shall be placed in the trust. Under the common law of England, such devices… … Wikipedia
Pour-Over Will — A will established by an individual who has already taken the necessary steps to set up a trust, so that upon the death of the individual, all of his or her assets are to be transferred or poured over to the trust. By doing so, the individual… … Investment dictionary
pour-over will — noun A testamentary device wherein the writer of a will creates a trust (usually unfunded at that point), and decrees in the will that property in his estate at the time of his death shall be placed in the trust … Wiktionary
pour-over — Provision in a will which directs the distribution of property into a trust. Also, a similar provision in a trust which directs property into a will … Black's law dictionary
trust — n 1 a: a fiduciary relationship in which one party holds legal title to another s property for the benefit of a party who holds equitable title to the property b: an entity resulting from the establishment of such a relationship see also… … Law dictionary
