The most common way to pass your assets to your beneficiaries is to use a will. One reason why wills are a common estate planning tool is that they are easy to create.  You can even create a will online.
Sometimes a will is all you need to get the job done.  However, sometimes a will may leave your beneficiaries less than you think. To ensure that your assets go where you want them to go, you will probably need some additional estate planning tools.
Here are some excellent reasons why you shouldn’t rely on a will alone.
A Will Can Be Easily Contested
Even when you have a will, it can be thwarted by people who feel slighted—or who are greedy. The more wealth you have, the more tools you need to protect your interests and assets to ensure they go where you intended….