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Residuary estate

Related Terms:

testator residuary estates residuary legatee fail property will residuary beneficiary residuary bequest devise residuary taker residuary clause

Noun

Definition: 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 (for example, due to the death of the intended beneficiary preceding that of the testator).

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