o. A Will does NOT cover all of what you may consider to be "your property". For example, if you own pension plan assets, or 401(k) plan assets, or life insurance, or annuities, or property held through a "Trust", such property and benefits would typically pass to the specific beneficiaries you have named with the manager of the pension plan, the company sponsoring the 401(k), each life insurance company, each annuity company, and in the Trust. Of course if the beneficiary of such assets is simply named as "my estate" then the Will would control who gets the property and benefits -- although this very often creates bad tax consequences and major delays and expense for your beneficiaries.
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