Knowledge

Residuary estate

Source 📝

799: 142: 25: 748:
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
738:. 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). 753:. 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. 707:'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 678: 840: 89: 61: 671: 501: 68: 372: 108: 42: 864: 305: 75: 664: 291: 46: 57: 595: 517: 379: 174: 133: 833: 225: 859: 567: 298: 465: 741:
If no such clause is present, however, the residuary estate will pass to the testator's heirs by
35: 826: 574: 494: 453: 167: 82: 240: 543: 508: 421: 279: 814: 8: 460: 365: 487: 550: 441: 347: 211: 158: 124: 414: 317: 266: 770: 409: 386: 193: 605: 579: 396: 340: 254: 247: 810: 652: 480: 448: 312: 186: 853: 562: 391: 335: 181: 647: 640: 610: 233: 600: 555: 326: 128: 141: 700: 620: 360: 150: 798: 742: 526: 286: 198: 24: 704: 630: 531: 718:
The will may identify the taker of the residuary estate through a
536: 259: 635: 806: 696: 726:. The person identified in such a clause is called the 49:. Unsourced material may be challenged and removed. 851: 834: 672: 841: 827: 679: 665: 109:Learn how and when to remove this message 16:Part of a legal estate not left in a will 852: 793: 47:adding citations to reliable sources 18: 13: 14: 876: 797: 306:Acts of independent significance 140: 23: 596:Advance directive (Living will) 495:Hague Convention (conflict law) 34:needs additional citations for 763: 1: 756: 813:. You can help Knowledge by 373:Accumulation and maintenance 175:Joint wills and mutual wills 7: 751:no residuary of a residuary 10: 881: 792: 226:Incorporation by reference 703:, is any portion of the 502:Application in civil law 299:Satisfaction of legacies 865:Legal terminology stubs 575:Disclaimer of interest 380:Interest in possession 168:Legal history of wills 732:residuary beneficiary 518:Estate administration 436:Reversionary interest 241:Testamentary capacity 777:. Cornell Law School 544:Power of appointment 509:Dishonest assistance 280:Lapse and anti-lapse 274:Property disposition 43:improve this article 475:Governing doctrines 771:"Residuary Estate" 551:Simultaneous death 466:Supplemental needs 212:Attestation clause 58:"Residuary estate" 822: 821: 736:residuary legatee 724:residuary bequest 689: 688: 318:Pretermitted heir 267:No-contest clause 119: 118: 111: 93: 872: 860:Wills and trusts 843: 836: 829: 801: 794: 787: 786: 784: 782: 767: 720:residuary clause 693:residuary estate 681: 674: 667: 488:Cy-près doctrine 454:Asset-protection 219:Residuary clause 194:Holographic will 144: 121: 120: 114: 107: 103: 100: 94: 92: 51: 27: 19: 880: 879: 875: 874: 873: 871: 870: 869: 850: 849: 848: 847: 791: 790: 780: 778: 769: 768: 764: 759: 728:residuary taker 709:residual estate 685: 606:Forced heirship 580:Inheritance tax 472: 401: 352: 271: 255:Insane delusion 248:Undue influence 230: 203: 131: 115: 104: 98: 95: 52: 50: 40: 28: 17: 12: 11: 5: 878: 868: 867: 862: 846: 845: 838: 831: 823: 820: 819: 802: 789: 788: 761: 760: 758: 755: 687: 686: 684: 683: 676: 669: 661: 658: 657: 656: 655: 650: 644: 643: 638: 633: 625: 624: 616: 615: 614: 613: 608: 603: 598: 590: 589: 588:Related topics 585: 584: 583: 582: 577: 571: 570: 565: 559: 558: 553: 547: 546: 540: 539: 534: 529: 521: 520: 514: 513: 512: 511: 505: 504: 498: 497: 491: 490: 484: 483: 481:Pour-over will 471: 470: 469: 468: 457: 456: 451: 445: 444: 438: 437: 433: 432: 428: 427: 424: 422:Life insurance 418: 417: 412: 400: 399: 394: 389: 383: 382: 376: 375: 369: 368: 363: 351: 350: 344: 343: 338: 330: 329: 323: 322: 321: 320: 315: 313:Elective share 309: 308: 302: 301: 295: 294: 289: 283: 282: 270: 269: 263: 262: 257: 251: 250: 244: 243: 229: 228: 222: 221: 215: 214: 202: 201: 196: 190: 189: 184: 178: 177: 171: 170: 162: 161: 155: 154: 146: 145: 137: 136: 117: 116: 31: 29: 22: 15: 9: 6: 4: 3: 2: 877: 866: 863: 861: 858: 857: 855: 844: 839: 837: 832: 830: 825: 824: 818: 816: 812: 809:article is a 808: 803: 800: 796: 795: 776: 772: 766: 762: 754: 752: 746: 744: 739: 737: 733: 729: 725: 721: 716: 714: 710: 706: 702: 698: 694: 682: 677: 675: 670: 668: 663: 662: 660: 659: 654: 651: 649: 646: 645: 642: 639: 637: 634: 632: 629: 628: 627: 626: 622: 618: 617: 612: 609: 607: 604: 602: 599: 597: 594: 593: 592: 591: 587: 586: 581: 578: 576: 573: 572: 569: 566: 564: 563:Laughing heir 561: 560: 557: 554: 552: 549: 548: 545: 542: 541: 538: 535: 533: 530: 528: 525: 524: 523: 522: 519: 516: 515: 510: 507: 506: 503: 500: 499: 496: 493: 492: 489: 486: 485: 482: 479: 478: 477: 476: 467: 464: 463: 462: 461:Special needs 459: 458: 455: 452: 450: 447: 446: 443: 440: 439: 435: 434: 431:Life interest 430: 429: 425: 423: 420: 419: 416: 413: 411: 408: 407: 406: 405: 398: 395: 393: 390: 388: 385: 384: 381: 378: 377: 374: 371: 370: 367: 366:Discretionary 364: 362: 359: 358: 357: 356: 349: 346: 345: 342: 339: 337: 334: 333: 332: 331: 328: 325: 324: 319: 316: 314: 311: 310: 307: 304: 303: 300: 297: 296: 293: 290: 288: 285: 284: 281: 278: 277: 276: 275: 268: 265: 264: 261: 258: 256: 253: 252: 249: 246: 245: 242: 239: 238: 237: 236: 235: 227: 224: 223: 220: 217: 216: 213: 210: 209: 208: 207: 200: 197: 195: 192: 191: 188: 185: 183: 182:Will contract 180: 179: 176: 173: 172: 169: 166: 165: 164: 163: 160: 157: 156: 152: 148: 147: 143: 139: 138: 135: 130: 126: 123: 122: 113: 110: 102: 99:December 2017 91: 88: 84: 81: 77: 74: 70: 67: 63: 60: –  59: 55: 54:Find sources: 48: 44: 38: 37: 32:This article 30: 26: 21: 20: 815:expanding it 804: 779:. Retrieved 774: 765: 750: 747: 740: 735: 731: 727: 723: 719: 717: 712: 708: 692: 690: 648:Criminal law 611:Totten trust 474: 473: 442:Testamentary 403: 402: 355:Common types 354: 353: 348:Constructive 273: 272: 232: 231: 218: 205: 204: 149:Part of the 105: 96: 86: 79: 72: 65: 53: 41:Please help 36:verification 33: 781:16 December 601:Blind trust 568:Advancement 556:Slayer rule 415:Spendthrift 404:Other types 854:Categories 807:legal term 757:References 711:or simply 621:common law 410:Protective 387:Charitable 151:common law 69:newspapers 743:intestacy 695:, in the 527:Intestacy 426:Remainder 397:Incentive 341:Resulting 292:Abatement 287:Ademption 199:Oral will 705:testator 653:Evidence 641:Property 631:Contract 532:Testator 449:Honorary 206:Sections 713:residue 537:Probate 392:Purpose 336:Express 234:Contest 187:Codicil 134:estates 83:scholar 619:Other 327:Trusts 153:series 129:trusts 85:  78:  71:  64:  56:  805:This 734:, or 701:wills 623:areas 260:Fraud 159:Wills 125:Wills 90:JSTOR 76:books 811:stub 783:2017 636:Tort 361:Bare 132:and 62:news 775:Wex 745:. 722:or 699:of 697:law 45:by 856:: 773:. 730:, 715:. 691:A 127:, 842:e 835:t 828:v 817:. 785:. 680:e 673:t 666:v 112:) 106:( 101:) 97:( 87:· 80:· 73:· 66:· 39:.

Index


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
Insane delusion

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