A residuary clause (or residuary estate clause) in a will sets out who will inherit the remaining assets once all debts, funeral expenses and taxes have been paid, and after all of the specified beneficiaries have received their gifts. Many legal experts argue that this clause is the most important in the whole will.

A residuary clause in a will sets out who will inherit the remainder of the deceased’s assets once any debts, funeral expenses, inheritance tax and legacies have been paid, and any items specifically bequeathed have been distributed to the appropriate beneficiaries.

A Residuary Clause is what remains of your Will after all debts, funeral expenses, testamentary expenses (expenses associated with your Will), and bequests (distribution of specific assets) have been paid. A Residuary Clause means that you do not have property being distributed according to Intestacy laws.

A residuary clause is a will provision that specifies who will receive any remaining assets that are not explicitly named elsewhere in the document. It acts as a catch-all to ensure that all unallocated or newly acquired assets are distributed according to the testator's wishes.

A residuary clause is a provision in a Will that passes the residue of an estate to beneficiaries identified in the Will. It is a safety net that catches all other items that a deceased person may own at the time of their death.