View Changes And Revision History Of Legal Illinois Pour Over Will Forms For Free

The main downside to pour-over wills is that (like all wills), the property that passes through them must go through probate. That means that any property headed toward a living trust may get hung up in probate before it can be distributed by the trust.

DISADVANTAGES OF A LAST WILL First and foremost, it necessitates that your family goes through the probate process after you are deceased, which is both time-consuming and costly. Furthermore, probate must be completed in all states where real estate is owned.

Additionally, a codicil must be executed in the same manner as a will. It must be in writing, signed by the testator (or by a person in the testator's presence and by the testator's direction), and attested in the presence of two or more credible witnesses.

A: One potential disadvantage of using a pour-over will is that it may require additional probate proceedings, which can be time-consuming and expensive. Additionally, if the pour-over will is not properly executed or funded, some assets may be left out of the trust and subject to probate.

over will transfers assets into your trust while a testamentary trust is set up by your will. Both accomplish the result of transferring assets into a trust, but a pourover will moves your assets into an already existing trust.

The Cook County Clerk probate division office phone number for general information is (312) 603-6441. Also available online for Cook County: Wills Search showing limited information about Wills that have been filed. To view or copy a Will, you must go to the Daley Center (12th Floor).