residuary estate

The residuary estate was left for the wife, daughter, and daughter's son to share equally.

The residuary estate does not include the following, Grace.

She left the considerable residuary estate to her husband.

The $50,000 becomes part of the grandmother's residuary estate and goes to the daughter.

The proceeds would go to the residuary estate.

A 1952 court ruling stated that the Foundation did not have to pay death duties, which became the responsibility of the residuary estate.

'Unless she's changed her will, I'm the executor and the whole of the residuary estate goes to your mother.

The gift would instead revert to the residuary estate or be granted under the law of intestate succession.

That amendment called for Astor's real estate to be sold and the proceeds added to her residuary estate.

If no such clause is present, however, the residuary estate will pass to the testator's heirs by intestacy.

If a testamentary trust fails, the property will usually be held on resulting trusts for the testator's residuary estate.

She leaves her residuary estate (i.e., whatever else is left of the estate) to her daughter.

Although Plunkett had made some provision in his will, it formed part of his residuary estate and was not immediately realisable.

"After paying death duties and legacies," I said carefully, "the residuary estate would be worth about fifty-three thousand pounds at present-day prices.

Because the gift to Betty will be invalid for lack of proper execution, that $5,000 will go to Tom's residuary estate.

The will may identify the taker of the residuary estate through a residuary clause or residuary bequest.

"All succession, estate, or inheritance taxes which might be levied against the estate will be paid out of the residuary estate.

He left a few little bequests, and the residuary estate to a sister, Isabel McNair, living in Scotland in a place called Camfirth.

An earlier amendment, also made in 2004, which designated Marshall as the executor of his mother's estate and left him the entirety of the residuary estate, was also under investigation.

If the cash in the testator's estate is not sufficient to satisfy the gift, then other assets in the residuary estate will need to be sold to raise the necessary cash.

The only beneficiary who is entitled to receive sums immediately from the date of death is a life tenant of the residuary estate which is not made clear in the question the reader asks.

In the same year the College received the residuary estate of Sophia Astley Kirkpatrick, in the amount of $65,000, which was used to construct the chapel which bears her name.

The entire residuary estate, amounting to more than $3,000,000, was bequeathed to an Endowment Trust, the income from which was payable to another trust described as the Longyear Foundation.

He left the whole of his residuary estate to the Pukeiti Rhododendron Trust - with the proviso that "if it could survive for more than 20 years it deserved to have the land."

If the deceased beneficiary was intended to inherit part or all of the residuary estate, then that portion of the estate would pass by intestate succession, as though the testator had left no will.