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RESIDUARY LEGACY

by Law Professor

That which is of the remainder of an estate after the payment of all the debts and other legacies. Madd. Ch. P. 284. … [Read more...] about RESIDUARY LEGACY

RESOURCES

by Law Professor

Money or any property that can be converted into supplies; means of raising money or supplies; capabilities of raising wealth or to supply necessary wants; available means or capability of any kind. Ming y. Woolf, 3 Mont 380; Sacry v. Lobree, 84 Cat 41, 23 Pac. 10&8; Shelby County v. Tennessee Centennial Exposition Co. 96 Tenn. 653, 36 S. W. 694, 33 L. R. A. 717. … [Read more...] about RESOURCES

RESIDUARY LEGATEE

by Law Professor

He to whom the residuum of the estate is devised or bequeathed by will. … [Read more...] about RESIDUARY LEGATEE

RESPECTABLE WITNESS

by Law Professor

One who is competent to testify in a court of justice. To pass lands in Alabama, a will must be attested by three or more respectable witnesses. See Attesting witness; Competent witness; Credible witness and Witness. … [Read more...] about RESPECTABLE WITNESS

RESIDUE

by Law Professor

(A) See residuary estate. (B) That which remains of something after taking away a part of it; as, the residue of an estate, which is what has not been particularly devised by will. 2. A will bequeathing the general residue of personal property, passes to the residuary legatee everything not otherwise effectually disposed of and it makes no difference whether a legacy falls into … [Read more...] about RESIDUE

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