residue

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residue

n. in a will, the assets of the estate of a person who has died with a will (died testate) which are left after all specific gifts have been made. Typical language: "I leave the rest, residue and remainder [or just residue] of my estate to my grandchildren." If the residue is not given to any beneficiary it will be distributed pursuant to the laws of descent and distribution. (See: will, residuary bequest, descent and distribution)

See: balance, overage, remainder, residual, reversion, surplus

residue

in the law of succession, the part of an estate left over after legacies and bequests have been met.

RESIDUE. That which remains of something after taking away a part of it; as, the residue of an estate, which is what has not been particularly devised by will.
     2. A will bequeathing the general residue of personal property, passes to the residuary legatee everything not otherwise effectually disposed of and it makes no difference whether a legacy falls into the estate by lapse, or as void at law, the next of kin is equally excluded. 15 Ves. 416; 2 Mer. 392. Vide 7 Ves. 391; 4 Bro. C. C. 55; 1 Bro. C. C. 589; Rop. on Leg. Index, h.t.; Worth. on Wills, 454.

References in classic literature ?
DEAR ADMIRAL BARTRAM -- When you open my Will (in which you are named my sole executor), you will find that I have bequeathed the whole residue of my estate -- after payment of one legacy of five thousand pounds -- to yourself.
At length the reflux of the tide, and the springing up of the wind, enabled them to quit their dangerous situation and take shelter in a small bay within Cape Disappointment, where they rode in safety during the residue of a stormy night, and enjoyed a brief interval of refreshing sleep.
They make one feel to what a degree architecture is a primitive thing, by demonstrating (what is also demonstrated by the cyclopean vestiges, the pyramids of Egypt, the gigantic Hindoo pagodas) that the greatest products of architecture are less the works of individuals than of society; rather the offspring of a nation's effort, than the inspired flash of a man of genius; the deposit left by a whole people; the heaps accumulated by centuries; the residue of successive evaporations of human society,--in a word, species of formations.
The people were in a state of panic in Cardiff and many had fled to the hills, and directly the steamer came to the harbour she was boarded and her residue of food impounded by some unauthenticated Provisional Committee.
There was still a residue of personal property as well as the land, but the whole was left to one person, and that person was-- O possibilities
He says: "While I spend almost all the day abroad amongst others, and the residue at home among mine own, I leave to myself, I mean to my book, no time.
It is extremely improbable that a stream so small as the Sauce then was, should traverse the entire width of the continent; and indeed, if it were the residue of a large river, its waters, as in other ascertained cases, would be saline.
I find myself growing faint, so I shall refer you to my will for my disposition of the residue.
Out of the small residue of her income which Amelia kept back for herself, the widow had need of all the thrift and care possible in order to enable her to keep her darling boy dressed in such a manner as became George Osborne's son, and to defray the expenses of the little school to which, after much misgiving and reluctance and many secret pangs and fears on her own part, she had been induced to send the lad.
Your relations with her are far more than business relations, no doubt; but a residue of business remains in them, and business is business ever.
She spared presently a glance away from her dishing-up for the inspection of that face and those hands which Stevie, approaching the kitchen table, offered for her approval with an air of self-assurance hiding a perpetual residue of anxiety.
With these considerations, and a sad heart, I went home that evening, and began to cast with myself how I should live, and in what manner to bestow myself, for the residue of my life.