Residuary Legatee - Law Dictionary Search Results
residuary legatee
Matched in: Term residuary legatee
Residuary legatee
Matched in: Term Residuary legatee
Wills
before the testator, the representatives of the legatee take nothing, the legacy 'lapsing' for the benefit of the residuary legatee or next of kin, but from this rule of lapse the thirty-third s. makes an important exception for
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Lapse
the devisee or legatee dies before the testator. In such case the devise or legacy falls into the residuary real or personal estate, as the case may be. If a residuary devise or bequest lapses, the property
residuary
Matched in: Term residuary
natural object
natural object of one's bounty [widows and children, who, as the natural objects of a testator's bounty, were…residuary legatees "Lomon v. Citizens Nat'l. Bank & Trust of Muskogee, 689 P.2d 306 (1984)"]
residuum
: residue [a lapsed or void legacy of personal property shall fall into the and go to the residuary legatee "Official Code of Georgia Annotated"]
legacy
is not a universal legacy or a legacy under a universal title called also legacy under particular title residuary legacy : a legacy that consists of all of the testator's estate which has not been distributed through … legacy in the civil law of Louisiana : a legacy by a single disposition to more than one legatee or of indivisible property to more than one legatee de·mon·stra·tive legacy [di-mÄ n-strə-tiv-] : a legacy payable from
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