residuary


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Related to residuary: Residuary legatee
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Synonyms for residuary

entitled to the residue of an estate (after payment of debts and specific gifts)

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relating to or indicating a remainder

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References in periodicals archive ?
That the several States composing, the United States of America, are not united on the principle of unlimited submission to their general government; but that, by a compact under the style and title of a Constitution for the United States, and of amendments thereto, they constituted a general government for special purposes--delegated to that government certain definite powers, reserving, each State to itself, the residuary mass of right to their own self-government; and that whensoever the general government assumes undelegated powers, its acts are unauthoritative, void, and of no force.
In sharp contrast to the celebrations in Telangana over achieving statehood, the residuary state of Andhra Pradesh will mark the first anniversary of bifurcation in a sombre mood.
In the hypothetical, the estate collects two installments, and the right to the remaining installments is distributed to the residuary legacy of the estate.
The Central bank asked the apex court to restrain Sahara India Financial Corporation Limited( SIFCL) from utilising any of its assets, including securities, for paying dues to the Securities and Exchange Board of India on grounds that SIFCL is a residuary non- banking financial firm and falls under its ( RBI) regulatory control.
McCarley Residuary Trust; and the estate of Mildred McCarley obtained the five-year loan from First Community Bank of Batesville.
Residuary Bequest: A charitable organization(s) receives all or a percentage of the remainder of your estate after the payment of any specific bequests and expenses.
Meanwhile, Telangana Chief Minister K Chandrasekhar Rao has extended his good wishes to residuary Andhra Pradesh counterpart N Chandrababu Naidu, and hoped that the state would scale greater heights in the development charts under his leadership.
9, 3/27/14), the Tax Court held that a residuary trust that owned and developed rental and other real estate properties qualified for the Sec.
The reason for separating income from capital gains in calculating DNI is the differing interests of the income beneficiaries and the residuary beneficiaries.
For example, suppose that the insured has three children and that the residuary clause in the revocable trust provides that, "the balance is to be divided into shares, per stirpes, for the Settlor's descendants as survive the Settlor, and each such share shall be disposed of as provided in Article 4 of this Trust," under which Article 4 contains lifetime trusts for the descendants.
If your brother is the only executor appointed and he chose to renounce his role, someone else would need to act in this capacity and it would usually fall to one of the residuary beneficiaries to take on the role.
If I am survived by my wife, I give my entire residuary estate, real and personal, to her.
The bankruptcy culminated in sale of RUSIA's assets to Gazprom for $747m and payment of RUSIA's $403m debt to TNK-BP, so we assume that OGK-3's pro rata stake in the residuary sum ($86m) will be reflected on the generator's balance sheet.
The deal was brokered by Sanderson Weatherall LLP who acted on behalf of owners, BRB (Residuary) (the residuary body of the British Railways Board) and agent DTZ, which acted on behalf of the Government department.
Already the preparations have exhibited the worst symptoms of major British projects, including massive budget overruns for self-delusionary infrastructure based on airyfairy predictions of residuary benefits for whatever residents are left in this part of London.