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Simple English definitions for legal terms

residuary clause

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A quick definition of residuary clause:

A residuary clause is a part of a will that says what should happen to any property that is left over after everything else has been given away. It's like the "leftovers" of the will.

A more thorough explanation:

A residuary clause is a part of a will that deals with any property that remains after all other gifts have been distributed. This clause ensures that nothing is left unaccounted for and that all assets are distributed according to the wishes of the deceased.

For example, a person may leave specific gifts to their children and grandchildren in their will. However, if there is any property left over after these gifts have been distributed, the residuary clause will determine who receives it. This could be a charity, a friend, or another family member.

Another example could be a person who leaves their entire estate to their spouse, but includes a residuary clause stating that if their spouse predeceases them, the remaining assets will be distributed equally among their children.

Overall, a residuary clause is an important part of a will that ensures all property is accounted for and distributed according to the wishes of the deceased.

residual | residuary devise

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17:04
we have been duped.
17:05
Oh well there is always the next election.* *- unless there are no more elections.
texaslawhopefully
17:05
I lean conservative and for a long time was one of those people who thought that he was bad but wasn't a facist and that sort of rhetoric was over-reactive. And for those reasons I voted for Harris, but I think I was underestimating him by far.
gov hiring freeze is insane
Remember when Elon musk literally did the nazi salute twice , yeah
Insane
his goal is to crush public opinion of the government by intentionally making ineffective and then pointing to how ineffective it is
Dkk
17:05
I personally think most people are one issue voters and rhey disagree on principle but things have to be done this say now or else they never will.
17:05
oh well should be a good little 'societal experiment' if u will
@SplitterusClitterus: he clearly just meant his heart goes out to him, just ignore his support for the literal fascist party in germany
17:06
dkk what's your one issue
texaslawhopefully
17:06
I was a one issue voter. My one fucking issue was that Trump encouraged an insurrection.
texaslawhopefully
17:07
That's all anyone should've needed.
17:07
i am a 1 issue voter: national debt.
jackfrost11770
17:07
THERES A COP FUNERAL AND NOW THE BUSES ARENT RUNNING TO MY PLACE SO I HAVE TO WALK IN THE FREEZING COLD HOME
texaslawhopefully
17:07
Not to mention that he's completely thrown away liberalism and classic western political philosophy, but yk your eggs will be cheaper so it's worth it
how bad are these tariffs gonna get for us everyday consumers?
@jackfrost11770: FUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUu
jackfrost11770
17:08
FUCK THE NYPD
WASP HAHAHAHAHHA
texaslawhopefully
17:08
Estimates are about 4k fruitbat
YRDSL
17:08
im a 1 issue voter - if i want someone to be elected i vote for them
woof
texaslawhopefully
17:08
I've seen some that could be as high as 7k though
17:08
@jackfrost11770: ya prolly don't buy any lotto tickets tonite
get on that trump coin before the rug pull lol
Dkk
17:09
@BigStrongBug: I don't consider myself a one issue voter but if I had to pick one it would be gender relations.
i am a one issue voter for the economy, which is why i voted harris
texaslawhopefully
17:10
Here's a fairly well respected estimate fruitybat: The proposed tariffs could cost consumers an additional $2,500 to $7,600 a year per household, according to estimates, said Jonathan Gold, vice president of supply chain and customs policy for the National Retail Federation.
i am a voter so i voted
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