RESIDUARY BENEFICIARY
\ɹɪsˈɪdjuːəɹˌi bˌɛnɪfˈɪʃəɹi], \ɹɪsˈɪdjuːəɹˌi bˌɛnɪfˈɪʃəɹi], \ɹ_ɪ_s_ˈɪ_d_j_uː_ə_ɹ_ˌi b_ˌɛ_n_ɪ_f_ˈɪ_ʃ_ə_ɹ_i]\
Sort: Oldest first
-
A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leaving his home to Edwina and the remainder of his property to Elmo, then Elmo is the residuary beneficiary.
By Oddity Software
Word of the day
Health Personnel Attitudes
- Attitudes of personnel toward their patients, other professionals, the medical care system, etc.