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Simple English definitions for legal terms

residuary clause

Read a random definition: right of first refusal

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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HopefullyInLawSchool
13:48
Some schools rject
13:49
Thanks! I couldn't find any reddit thread about it lol
13:49
but just means now I have to wait for the rejection from Davis
glovediedthisishismom
13:53
i just wanna rock
glovediedthisishismom
13:53
bodyadaya
13:53
let it rock
14:17
How are the vibes heading into thanksgiving yall?
HopefullyInLawSchool
14:17
@Law-Guy Im feeling kinda happy I applied YM to UCI hoping it helps (:
Wanna give some head
soap
14:18
Cornell
14:19
@HopefullyinLawSchool What's YM?
14:19
oh no
HopefullyInLawSchool
14:19
you mom
WorthlessAttractiveZombie
14:19
Ouch
HopefullyInLawSchool
14:19
your*
14:19
I fear I realized too late
babycat
14:20
another victim claimed
concorde
14:22
pwned
14:22
Might have to send in addendums for that
Dkk
14:26
No wave, so sad.
WorthlessAttractiveZombie
14:28
What are the odds that berk releases later today?
babycat
14:28
@Dkk: And here I thought you were a prophet. Smh.
14:33
@WorthlessAttractiveZombie: 4
WorthlessAttractiveZombie
14:35
@EvolBunny: I will take the odds of 4, very promising
14:38
I'm too drunk to taste this chicken
Dkk
14:38
Lol, I suck I guess. @babycat
14:40
suck what? (:
Dkk
14:42
suck at predicting
14:43
boooooo
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