Residuary estate refers to a testator's remaining assets once the other assets of the estate have been distributed to the named beneficiaries. The person named to inherit the residuary estate gets all the property and assets left in the probate estate after the executor distributes specific gifts and
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What Does Residuary Estate Mean In A Will? What is a residuary estate? A residuary estate is the remainder of a deceased estate after any gifts have been allocated, as per the Will. If a Click Here Residuary Estate-What is it This is a series of short videos defining words used and
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Music: In this video, you'll learn about why you may need a will, some key components of a will, ways to disperse your assets if your heirs It is also known as a residual estate or simply residue. The will may identify the taker of the residuary estate through a residuary clause or residuary bequest
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