does beneficiary designation of specific asset override will general asset distribution

Question

does beneficiary designation of specific asset override will general asset distribution

Answer

Yes. The will only covers probate assets. Things like IRAs, life insurance, joint checking accounts or annuities are no-probate assets that usually have a designated beneficiary - either a person or trust. The named designated beneficiary in that case would receive that asset. The exception might be where a person does not name a beneficiary. In such case, the non-probate asset would have to be received by the estate of the decedent and pass as directed in the will.