"Residuary" Example Sentences
1. The residuary estate is to be divided among the children of the deceased.
2. The residuary clause of the will left everything to charity.
3. The lawyer explained the residuary clause to the beneficiaries.
4. The executor of the will was in charge of the residuary estate.
5. The residuary beneficiary received all of the remaining assets.
6. The residuary trust was established for the benefit of future generations.
7. The residuary fee was paid to the lawyer for his services.
8. The residuary trust was set up to provide for the ongoing care of the property.
9. The testator left the residuary estate to his surviving spouse.
10. The residuary clause stated that any assets not otherwise distributed would go to charity.
11. The residuary clause was the final provision in the will.
12. The residuary estate was valued at several million dollars.
13. The executor distributed the residuary assets to the designated beneficiaries.
14. The residuary beneficiary had been designated as a backup to the primary beneficiary.
15. The residuary estate was subject to state and federal estate taxes.
16. The residuary trust provided for the ongoing maintenance of the property.
17. The residuary clause was included to ensure that all assets were accounted for.
18. The residuary provision was challenged by a dissatisfied beneficiary.
19. The residuary estate was distributed according to the testator's wishes.
20. The residuary beneficiary was required to sign a release before receiving the assets.
21. The residuary trust was administered by a third-party trustee.
22. The residuary clause was amended to include a specific beneficiary.
23. The residuary estate was used to pay off outstanding debts and taxes.
24. The executor was responsible for valuing the residuary assets.
25. The residuary clause was reviewed by the testator's attorney.
26. The residuary trust was designed to provide for the ongoing healthcare of the beneficiaries.
27. The residuary estate was divided equally among the surviving children.
28. The executor needed to locate all of the residuary assets before distributing them to the beneficiaries.
29. The residuary clause gave the executor broad discretion in the distribution of the assets.
30. The residuary trust was established to provide for the educational needs of the beneficiaries.
Common Phases
1. The
residuary estate will be divided equally amongst all the beneficiaries;
2. The
residuary clause in the will ensures that any remaining assets will be distributed according to the testator's wishes;
3. The executor is responsible for managing the
residuary assets of the estate;
4. The
residuary beneficiary will receive any assets not specifically bequeathed in the will;
5. The
residuary trust provides for the distribution of any remaining assets after specific bequests have been fulfilled.