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Simple English definitions for legal terms

residuary legatee

Read a random definition: property tort

A quick definition of residuary legatee:

A residuary legatee is a person who is named in a will to receive the remaining property or assets of a deceased person's estate after all other specific gifts and bequests have been distributed. This means that if there is anything left over, it goes to the residuary legatee. It's like being the person who gets the last slice of cake after everyone else has had their share.

A more thorough explanation:

A residuary legatee is a person who is designated to receive the remaining assets of a deceased person's estate after all specific bequests and debts have been paid. This person is named in the decedent's will and is entitled to receive the residue of the estate.

For example, if a person's will states that their house is to be given to their sister, their car to their nephew, and $10,000 to their favorite charity, the residuary legatee would receive everything else that was not specifically mentioned in the will. This could include cash, investments, personal property, and any other assets that were not specifically bequeathed to someone else.

Another example would be if a person's will only named one beneficiary, the residuary legatee would be that person and would receive the entire estate.

residuary legacy | residuum

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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