Residuary Clause
- The Residuary Clause deals with the remainder of your estate after all specific gifts have been made and all claims of the estate are satisfied.
- The Residuary Clause handles gifts that are void due to the death of the beneficiary.
- The Residuary Clause handles property that may have been overlooked or not otherwise disposed of in the Will.
- The Residuary Clause also covers property that is acquired after the Will was written, and which was not specifically mentioned within the Will.
- The Residuary Clause gives the right to the residuary estate to one or more named beneficiaries.