A residuary estate, in the law of wills, is any portion of the testator's estate that is not specifically devised to someone in the will, or any property that is part of such a specific devise that fails. It is also known as a residual estate or simply residue.
The will may identify the taker of the residuary estate through a residuary clause or residuary bequest. The person identified in such a clause is called the residuary taker, residuary beneficiary, or residuary legatee.
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All the rest he died possessed of, he bequeathed to Peggotty; whom he left residuary legatee, and sole executrix of that his last will and testament.
Charles Dickens. David Copperfield (1850)
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“Your Honour,” said an Attorney, rising, “what is the present status of this case—as far as it has gone?”
“I have given a judgment for the residuary legatee under the will,” said the Court, “put the costs upon the contestants, decided all questions relating to fees and other charges; and, in short, the estate in litigation has been settled, with all controversies, disputes, misunderstandings, and differences of opinion thereunto appertaining.”
Ambrose Bierce. Fantastic Fables (1899)
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"It can't be denied that undeserving people have been legatees, and even residuary legatees. It is so, with testamentary dispositions." Again he pursed up his lips and frowned a little.
"Do you mean to say for certain, Mr. Trumbull, that my brother has left his land away from our family?"