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Definition of residuary estates in English English dictionary
- plural form of residuary estate
- residuary estate
- 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)
- residuary estate
- remainder of an estate, balance of an estate (usually the majority that remains after dividing properties as stated and payment of debts, expenses and taxes)
Related Terms
residuary estates
Hyphenation
re·si·du·a·ry estatesPronunciation
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