Legal Question in Wills and Trusts in New York
what is rest, residue and remainder?
Asked on 7/28/16, 10:58 am
2 Answers from Attorneys
Walter LeVine
Walter D. LeVine, Esq.
The balance remaining in the estate after all costs, fees, debts and expenses, including any state and/or federal death taxes, are paid, and after deducting any specific bequests set forth in the Will.
Answered on 8/01/16, 9:17 am
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