residuary devise

Definition of "residuary devise"
  1. A decree relating to the distribution of whatever remains in an estate after all debts and other bequests have been fulfilled
How to use "residuary devise" in a sentence
  1. The will specifies that the residuary devise will be given to her favorite charity after all other obligations are met.
  2. A residuary devise was established in his will, ensuring that any remaining property would go to his children.
  3. All outstanding debts and legal obligations must be met before the residuary devise can be executed.

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