residuary gift

residuary gift
A legacy or devise bequeathed by the residuary clause of a will. A legacy or devise of the residuary estate or of a part of the residuary estate. 57 Am J1st Wills § 1415. See residuary clause; residuary estate.

Ballentine's law dictionary. . 1998.

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Look at other dictionaries:

  • residuary gift — See legacy …   Black's law dictionary

  • Residuary estate — A residuary estate, in the law of wills, is any portion of the testator 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 residual estate or… …   Wikipedia

  • residuary devise — See residuary clause; residuary gift …   Ballentine's law dictionary

  • residuary legacy — See residuary clause; residuary gift …   Ballentine's law dictionary

  • residuary bequest — Same as residuary gift …   Ballentine's law dictionary

  • residuary bequest — In a will, the gift of whatever is left over after all specific and general gifts are given. For example, John gives his house and his stocks to his wife, and leaves everything else to his daughter the gift of everything else is the residuary… …   Law dictionary

  • residuary bequest — A bequest of all of testator s estate not otherwise effectually disposed of + residuary bequest A gift of all the remainder of the testator s personal estate, after payment of debts and legacies, etc …   Black's law dictionary

  • legacy — leg·a·cy / le gə sē/ n pl cies [Medieval Latin legatio, from Latin legare to bequeath]: a gift of property by will; specif: a gift of personal property by will: bequest see also ademption compare devise conjoint leg …   Law dictionary

  • Lapse and anti-lapse — are complementary concepts under the law of wills, which address the disposition of property that is willed to someone who dies before the testator (the writer of the will).LapseLapse is a common law rule that if the person to whom property is… …   Wikipedia

  • Will (law) — Last Will redirects here. For the 2011 film, see Last Will (film). Wills, trusts …   Wikipedia

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