Knowledge

Residuary estate

Source 📝

810: 153: 36: 759:
At common law, if the residuary estate was divided between two or more beneficiaries, and one of those beneficiaries was unable to take, the share that would have gone to that beneficiary would instead pass by intestacy, under the doctrine that there was
749:. Such a clause may state that, in the event all other heirs predecease the testator, the estate would pass to a charity (that would, presumably, have remained in existence). 764:. The modern rule, however, is that the failure of a residuary gift to one beneficiary causes that beneficiary's share to be divided among the remaining residuary takers. 718:'s estate that is not specifically devised to someone in the will, or any property that is part of such a specific devise that fails. It is also known as a 689: 851: 100: 72: 682: 512: 79: 383: 119: 53: 17: 875: 316: 86: 675: 302: 57: 68: 606: 528: 390: 185: 144: 844: 236: 870: 578: 309: 476: 752:
If no such clause is present, however, the residuary estate will pass to the testator's heirs by
46: 837: 585: 505: 464: 178: 93: 251: 554: 519: 432: 290: 825: 8: 471: 376: 498: 561: 452: 358: 222: 169: 135: 425: 328: 277: 781: 420: 397: 204: 616: 590: 407: 351: 265: 258: 821: 663: 491: 459: 323: 197: 864: 573: 402: 346: 192: 658: 651: 621: 244: 611: 566: 337: 139: 152: 711: 631: 371: 161: 809: 753: 537: 297: 209: 35: 715: 641: 542: 729:
The will may identify the taker of the residuary estate through a
547: 270: 646: 817: 707: 737:. The person identified in such a clause is called the 60:. Unsourced material may be challenged and removed. 862: 845: 683: 852: 838: 690: 676: 120:Learn how and when to remove this message 27:Part of a legal estate not left in a will 14: 863: 804: 58:adding citations to reliable sources 29: 24: 25: 887: 808: 317:Acts of independent significance 151: 34: 607:Advance directive (Living will) 506:Hague Convention (conflict law) 45:needs additional citations for 774: 13: 1: 767: 824:. You can help Knowledge by 384:Accumulation and maintenance 186:Joint wills and mutual wills 7: 762:no residuary of a residuary 10: 892: 803: 237:Incorporation by reference 714:, is any portion of the 513:Application in civil law 310:Satisfaction of legacies 876:Legal terminology stubs 586:Disclaimer of interest 391:Interest in possession 179:Legal history of wills 743:residuary beneficiary 529:Estate administration 447:Reversionary interest 252:Testamentary capacity 788:. Cornell Law School 555:Power of appointment 520:Dishonest assistance 291:Lapse and anti-lapse 285:Property disposition 54:improve this article 486:Governing doctrines 782:"Residuary Estate" 562:Simultaneous death 477:Supplemental needs 223:Attestation clause 69:"Residuary estate" 833: 832: 747:residuary legatee 735:residuary bequest 700: 699: 329:Pretermitted heir 278:No-contest clause 130: 129: 122: 104: 18:Residuary legatee 16:(Redirected from 883: 871:Wills and trusts 854: 847: 840: 812: 805: 798: 797: 795: 793: 778: 731:residuary clause 704:residuary estate 692: 685: 678: 499:Cy-près doctrine 465:Asset-protection 230:Residuary clause 205:Holographic will 155: 132: 131: 125: 118: 114: 111: 105: 103: 62: 38: 30: 21: 891: 890: 886: 885: 884: 882: 881: 880: 861: 860: 859: 858: 802: 801: 791: 789: 780: 779: 775: 770: 739:residuary taker 720:residual estate 696: 617:Forced heirship 591:Inheritance tax 483: 412: 363: 282: 266:Insane delusion 259:Undue influence 241: 214: 142: 126: 115: 109: 106: 63: 61: 51: 39: 28: 23: 22: 15: 12: 11: 5: 889: 879: 878: 873: 857: 856: 849: 842: 834: 831: 830: 813: 800: 799: 772: 771: 769: 766: 698: 697: 695: 694: 687: 680: 672: 669: 668: 667: 666: 661: 655: 654: 649: 644: 636: 635: 627: 626: 625: 624: 619: 614: 609: 601: 600: 599:Related topics 596: 595: 594: 593: 588: 582: 581: 576: 570: 569: 564: 558: 557: 551: 550: 545: 540: 532: 531: 525: 524: 523: 522: 516: 515: 509: 508: 502: 501: 495: 494: 492:Pour-over will 482: 481: 480: 479: 468: 467: 462: 456: 455: 449: 448: 444: 443: 439: 438: 435: 433:Life insurance 429: 428: 423: 411: 410: 405: 400: 394: 393: 387: 386: 380: 379: 374: 362: 361: 355: 354: 349: 341: 340: 334: 333: 332: 331: 326: 324:Elective share 320: 319: 313: 312: 306: 305: 300: 294: 293: 281: 280: 274: 273: 268: 262: 261: 255: 254: 240: 239: 233: 232: 226: 225: 213: 212: 207: 201: 200: 195: 189: 188: 182: 181: 173: 172: 166: 165: 157: 156: 148: 147: 128: 127: 42: 40: 33: 26: 9: 6: 4: 3: 2: 888: 877: 874: 872: 869: 868: 866: 855: 850: 848: 843: 841: 836: 835: 829: 827: 823: 820:article is a 819: 814: 811: 807: 806: 787: 783: 777: 773: 765: 763: 757: 755: 750: 748: 744: 740: 736: 732: 727: 725: 721: 717: 713: 709: 705: 693: 688: 686: 681: 679: 674: 673: 671: 670: 665: 662: 660: 657: 656: 653: 650: 648: 645: 643: 640: 639: 638: 637: 633: 629: 628: 623: 620: 618: 615: 613: 610: 608: 605: 604: 603: 602: 598: 597: 592: 589: 587: 584: 583: 580: 577: 575: 574:Laughing heir 572: 571: 568: 565: 563: 560: 559: 556: 553: 552: 549: 546: 544: 541: 539: 536: 535: 534: 533: 530: 527: 526: 521: 518: 517: 514: 511: 510: 507: 504: 503: 500: 497: 496: 493: 490: 489: 488: 487: 478: 475: 474: 473: 472:Special needs 470: 469: 466: 463: 461: 458: 457: 454: 451: 450: 446: 445: 442:Life interest 441: 440: 436: 434: 431: 430: 427: 424: 422: 419: 418: 417: 416: 409: 406: 404: 401: 399: 396: 395: 392: 389: 388: 385: 382: 381: 378: 377:Discretionary 375: 373: 370: 369: 368: 367: 360: 357: 356: 353: 350: 348: 345: 344: 343: 342: 339: 336: 335: 330: 327: 325: 322: 321: 318: 315: 314: 311: 308: 307: 304: 301: 299: 296: 295: 292: 289: 288: 287: 286: 279: 276: 275: 272: 269: 267: 264: 263: 260: 257: 256: 253: 250: 249: 248: 247: 246: 238: 235: 234: 231: 228: 227: 224: 221: 220: 219: 218: 211: 208: 206: 203: 202: 199: 196: 194: 193:Will contract 191: 190: 187: 184: 183: 180: 177: 176: 175: 174: 171: 168: 167: 163: 159: 158: 154: 150: 149: 146: 141: 137: 134: 133: 124: 121: 113: 110:December 2017 102: 99: 95: 92: 88: 85: 81: 78: 74: 71: –  70: 66: 65:Find sources: 59: 55: 49: 48: 43:This article 41: 37: 32: 31: 19: 826:expanding it 815: 790:. Retrieved 785: 776: 761: 758: 751: 746: 742: 738: 734: 730: 728: 723: 719: 703: 701: 659:Criminal law 622:Totten trust 485: 484: 453:Testamentary 414: 413: 366:Common types 365: 364: 359:Constructive 284: 283: 243: 242: 229: 216: 215: 160:Part of the 116: 107: 97: 90: 83: 76: 64: 52:Please help 47:verification 44: 792:16 December 612:Blind trust 579:Advancement 567:Slayer rule 426:Spendthrift 415:Other types 865:Categories 818:legal term 768:References 722:or simply 632:common law 421:Protective 398:Charitable 162:common law 80:newspapers 754:intestacy 706:, in the 538:Intestacy 437:Remainder 408:Incentive 352:Resulting 303:Abatement 298:Ademption 210:Oral will 716:testator 664:Evidence 652:Property 642:Contract 543:Testator 460:Honorary 217:Sections 724:residue 548:Probate 403:Purpose 347:Express 245:Contest 198:Codicil 145:estates 94:scholar 630:Other 338:Trusts 164:series 140:trusts 96:  89:  82:  75:  67:  816:This 745:, or 712:wills 634:areas 271:Fraud 170:Wills 136:Wills 101:JSTOR 87:books 822:stub 794:2017 647:Tort 372:Bare 143:and 73:news 786:Wex 756:. 733:or 710:of 708:law 56:by 867:: 784:. 741:, 726:. 702:A 138:, 853:e 846:t 839:v 828:. 796:. 691:e 684:t 677:v 123:) 117:( 112:) 108:( 98:· 91:· 84:· 77:· 50:. 20:)

Index

Residuary legatee

verification
improve this article
adding citations to reliable sources
"Residuary estate"
news
newspapers
books
scholar
JSTOR
Learn how and when to remove this message
Wills
trusts
estates

common law
Wills
Legal history of wills
Joint wills and mutual wills
Will contract
Codicil
Holographic will
Oral will
Attestation clause
Residuary clause
Incorporation by reference
Contest
Testamentary capacity
Undue influence

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.