Residuary Estate
Whatever is left after specific gifts, debts, taxes, and expenses are paid.
Also known as: Residue.
What Residuary Estate means in an estate
A will usually makes a few specific gifts and then leaves 'the rest, residue, and remainder' to one or more beneficiaries. That remainder is the residuary estate, and in a typical will it is where most of the value actually ends up. It is also the first thing reduced when the estate comes up short. If a will makes no residuary gift at all, whatever is left over passes by intestate succession.
How this works in your state
The concept is national, but the forms, procedure names, thresholds, and filing practice vary by state. Open your state glossary and guides to see how residuary estate is handled where the estate is being settled.
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Information current as of April 4, 2026
Settled Estate is not a law firm, and this content is for informational purposes only and does not constitute legal advice. Probate laws and procedures in your state can change. Consult with a qualified attorney for advice specific to your situation. Full disclaimer.