Asked by Kevin Starrett on Jun 23, 2024
Verified
The residuary is the remaining property of a person's estate after bequests and devises have been made.
Residuary
The remainder of an estate left after all other bequests and claims have been satisfied.
- Learn about the legal terminologies and ideas relevant to wills, like cy pres doctrine, bequest, devise, estate, and residuary.
Verified Answer
NH
Nguy?n HoàngJun 30, 2024
Final Answer :
True
Explanation :
The residuary is the balance of the estate that is left after specific devises and bequests are made by the will.
Learning Objectives
- Learn about the legal terminologies and ideas relevant to wills, like cy pres doctrine, bequest, devise, estate, and residuary.
Related questions
A Will Confers No Present Interest in the Testator's Property
A Gift Is Given to the Testator's Issue or Descendants,with ...
A Bequest Is a Gift of Personal Property or Money ...
Personal Property That Is Left by Will Is Called a ...
While in Combat,a Soldier,in Front of Four Witnesses,made an Oral ...