Residuary in a sentence
(1) The residuary interest in the property was sold to a developer.
(2) The residuary estate was divided equally among the beneficiaries.
(3) The residuary assets were liquidated to settle outstanding debts.
(4) The residuary value of the car decreased significantly over time.
(5) The residuary funds were invested in a high-yield savings account.
(6) The residuary value of the artwork was appraised by a professional.
(7) The residuary funds were used to support various community projects.
(8) The residuary interest in the land was sold to a neighboring farmer.
(9) The residuary amount after deducting expenses was donated to charity.
(10) The residuary trust was established to provide for future generations.
Residuary sentence
(11) The residuary assets were sold at auction to settle the estate's debts.
(12) The residuary amount in the budget was set aside for future investments.
(13) The residuary balance in the account was transferred to a different bank.
(14) The residuary amount in the budget was allocated for unforeseen expenses.
(15) The residuary value of the antique furniture increased after restoration.
(16) The residuary income from the investment was reinvested into the business.
(17) The residuary clause in the contract allowed for modifications to be made.
(18) The residuary balance in the account was transferred to a retirement fund.
(19) The residuary rights of the tenants were protected by the rental agreement.
(20) The residuary interest in the property was sold to a real estate developer.
Residuary make sentence
(21) The residuary assets were distributed among the heirs according to the will.
(22) The residuary income from the business was reinvested in expansion projects.
(23) The residuary rights of the shareholders were protected by the company's bylaws.
(24) The residuary trust was established to provide for the education of the children.
(25) The residuary funds were used to upgrade the company's technology infrastructure.
(26) The residuary estate was divided equally among the deceased's surviving siblings.
(27) The residuary income from the rental property was used to cover maintenance costs.
(28) The residuary estate included all property not specifically mentioned in the will.
(29) The residuary clause in the partnership agreement allowed for changes in ownership.
(30) The residuary clause in the will left all remaining assets to the deceased's children.
Sentence of residuary
(31) The residuary clause in the will specified how any remaining assets should be distributed.
(32) The residuary balance in the account was transferred to a savings account for emergencies.
(33) The residuary trust was established to provide for the medical needs of the beneficiaries.
(34) The residuary legatee received the remainder of the estate after specific bequests were made.
(35) The residuary interest in the property was sold to a third party after the original owner passed away.
(36) The residuary interest in the property was transferred to the new owner after the mortgage was paid off.
(37) The residuary beneficiary of the trust received the remaining funds after all other beneficiaries were paid.
(38) The residuary clause in the will allowed for any future assets to be distributed to the named beneficiaries.
(39) The residuary beneficiary was surprised to receive a larger inheritance than expected due to unclaimed assets.
(40) The residuary clause in the trust document ensured that any leftover assets would be distributed according to the grantor's wishes.
Residuary meaning
Residuary is an adjective that is commonly used in legal and financial contexts. It refers to something that remains or is left over after the distribution of a deceased person's estate or the settlement of debts and expenses. In this article, we will explore various tips on how to use the word "residuary" or the phrase "residuary estate" effectively in sentences.
1. Understand the meaning: Before using the word "residuary" or the phrase "residuary estate" in a sentence, it is crucial to have a clear understanding of its meaning. Familiarize yourself with its definition and usage in legal and financial contexts to ensure accurate and appropriate usage.
2. Legal and financial documents: The term "residuary" is commonly used in legal and financial documents, such as wills, trusts, and estate planning. When drafting or reviewing such documents, ensure that you use the word "residuary" correctly to describe the remaining assets or property after specific bequests or debts have been settled. Example sentence: "The testator designated his nephew as the residuary beneficiary of his estate, ensuring that any remaining assets would be transferred to him after all specific bequests and debts were settled."
3. Estate planning discussions: When discussing estate planning matters, including the distribution of assets, it is essential to use the term "residuary estate" accurately. This phrase refers to the portion of an estate that is not specifically bequeathed to any particular individual or entity. Example sentence: "During the estate planning meeting, the attorney emphasized the importance of clearly defining the beneficiaries of the residuary estate to avoid any potential disputes or confusion."
4. Probate proceedings: In legal proceedings related to the administration of a deceased person's estate, the term "residuary" is often used to describe the remaining assets or property that are distributed according to the terms of a will or applicable laws. Example sentence: "The court appointed a trustee to oversee the distribution of the residuary assets, ensuring that the deceased's wishes were carried out in accordance with the law."
5. Financial reports and statements: In financial reports or statements, the term "residuary" may be used to describe any remaining funds or assets after all expenses, debts, and specific allocations have been accounted for. Example sentence: "The company's financial statement indicated a positive balance in the residuary account, demonstrating its ability to cover unforeseen expenses or investments."
6. Academic or professional writing: If you are writing an academic paper or a professional document related to law, finance, or estate planning, incorporating the word "residuary" or the phrase "residuary estate" can enhance the clarity and precision of your writing. Example sentence: "The study analyzed the impact of different tax regulations on the distribution of residuary assets in estate planning, providing valuable insights for practitioners and policymakers."
In conclusion, the word "residuary" and the phrase "residuary estate" are commonly used in legal and financial contexts. By understanding their meanings and following the tips provided in this article, you can effectively incorporate these terms into your writing, ensuring accuracy and clarity.
The word usage examples above have been gathered from various sources to reflect current and historical usage of the word Residuary. They do not represent the opinions of TranslateEN.com.