Residue (of an estate) | Practical Law
Residue (of an estate)
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Residue (of an estate)
Practical Law UK Glossary 9-382-5872
(Approx. 3 pages)
Glossary
Residue (of an estate)
The rest of a deceased person's
estate
which is left after the payment of
specific gifts
, debts, funeral expenses and
inheritance tax
.
See also
residuary estate
.