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Keywords:
Effectually,
Bequests,
Testator,
Gift,
Decedent
Consisting of residue; as, residuary matter; pertaining to the residue, or part remaining; as, the residuary advantage of an estate.
entitled to the residue of an estate (after payment of debts and specific gifts); "the residuary part of the estate"; "the residuary beneficiary"
The balance of the decedent's estate, subject to disposition under the will, after specific bequests have been distributed.
The assets remaining in an estate after all specific transfers of property are made and all expenses are paid. When a pour-over will is used, the residuary is transferred to a trust.
A gift of all the property of the testator not otherwise effectually disposed of by will.
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