If you have designated beneficiaries on your assets they will go to those individuals regardless of whether or not you have a will. However, any real or personal property that does not have a beneficiary designation will become part of your estate. If you do not prepare a will, an administrator will be appointed to distribute any assets without beneficiary designations or that have not been placed in trust. The administrator must distribute your assets in accordance with the New York Estate, Powers and Trust Law (EPTL) 4-4.1. Make an appointment with Joan C. Lenihan, Attorney at Law, to ensure that your estate plan reflects your wishes.