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Will

Simple Will A basic or simple Will generally gives (transfers) all property owned by the deceased spouse to a surviving spouse, children or other heirs. Sometimes called an "I love you" type Will.

A Will with Contingent Trust The simplest of the "complex" Wills. This trust is generally created by terms of the Will in situations involving minor children. It is a trust that will pass everything to the spouse, if living, and if not, to an asset management trust for the minor children until they become more mature and assets can be distributed.

"Pour-over" Will This type of Will is generally used when an individual with a living trust wishes to merge assets not transferred to the living trust during the person's lifetime and "pours" them into the trust. The assets will generally be subject to probate administration.