Typically a beneficiary desgination on a TOD (transfer on death) account or the like, takes precedance over the terms of a Will. The fact is that such an asset does not become part of the estate of the deceased; this means that it does not go through probate. Therefore, it is not subject to the terms of the Will. Additionally, if 1 of 2 beneficiaries predeceased the owner of the account, then the other named beneficiary will take all.