residuary background

residuary

/ɹɪˈzɪdʒuˌɛri/ /ɹɪˈzɪdʒəˌwɛri/

Illustration residuary - Image 1

noun

Erbe, Restempfänger

One who receives the residue of an estate.

Examples :

"After the specific gifts to his children were distributed, the residuary inherited the remaining money in the will. "

Nachdem die spezifischen Geschenke an seine Kinder verteilt worden waren, erbte der Erbe das restliche Geld im Testament.

property law finance family

Illustration residuary - Image 1

adjective

Rest-, übrigbleibend

Of or relating to a residue; residual; left over, when the main portion has been removed.

Examples :

"After the party, the residuary snacks were mostly stale chips and crackers. "

Nach der Party waren die restlichen Snacks meist abgestandene Chips und Cracker.

property finance law

Illustration residuary - Image 1

adjective

Rest-, restlich

With respect to a will, relating to the portion of an estate which was not disposed of in the will, or for which the directions in the will could not be carried out.

Examples :

"Since the will specifically gifted the house and car, the daughter received the residuary estate, which included the remaining money and belongings. "

Da das Testament das Haus und das Auto ausdrücklich vermachte, erhielt die Tochter das restliche Erbe, zu dem das restliche Geld und die restlichen Besitztümer gehörten.

property law finance asset