Is a Will Really the Best Way to Pass an Inheritance to Your Family?
This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer.
When planning for your family's future after you're gone, it can be tempting to think a will is all you need to pass your assets to your family. That can be especially true if your estate is neither vast nor complicated.
A last will and testament is indeed a useful and binding legal document, long a traditional means for allocating assets, assigning guardianship for minor children, and specifying other last wishes.
Source Fool.com
