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RESIDUE (through the French, from the...

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Originally appearing in Volume V23, Page 183 of the 1911 Encyclopedia Britannica.
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RESIDUE (through the
See also:
French, from the
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Lat. residuum, a
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remainder, from residere, to remain)  , in
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law, that which remains of a testator's
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estate after all debts and legacies are discharged, and funeral,
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administration and other expenses paid . The
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person to whom this
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residue or surplus is
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left is termed the residuary legatee; should none be mentioned in the will the residue goes to the next of
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kin (see EXECUTORS AND ADMINISTRATORS;
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LEGACY; WILL) .

End of Article: RESIDUE (through the French, from the Lat. residuum, a remainder, from residere, to remain)
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