Type In Legal Georgia Pour Over Will Forms For Free

The will directs the testator's estate to a revocable trust, which is used with a pour-over will to help the settlor avoid probate, maintain privacy, and ease the transition in asset management on the settlor's incapacity or death.

How do you write a pour-over will? Set up a living trust. Before you can make a pour-over will, you first need to create a living trust. ... Name your trustee as the beneficiary in your pour-over will. ... Name a will executor. ... Consider your other estate-planning needs.

Examples of non-probate assets are: Life Insurance Policy with a designated beneficiary. Certificates of Deposit. Bank Accounts that have a POD (Payable on Death) or TOD (Transfer on Death) listed on the account. IRA, 401K with a designated beneficiary, Payable on Death or Transfer on Death on the account.

Yes, you absolutely can make your own Will in Georgia. There is no requirement that you hire an attorney to help you draft and execute your Will. In fact, it's not that difficult to make a ?legally valid? Will in Georgia.

When a Georgia resident dies, his or her estate generally goes through probate. Having a Will does not avoid probate, it only directs where your property goes. Certain circumstances do allow property to bypass the probate process. Whether you die with or without a will, your estate goes through probate.

In Georgia, you can establish what is known as ?joint tenancy? to transfer ownership of property directly to a family member or loved one after your death. Real estate, vehicles, bank accounts, and other property can be owned jointly in this way, meaning they would not be subject to probate.