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www.investorwords.com/19330/residuary_trust.html

Assets transferred to a residuary trust, which is created upon the death of the trustor, are not considered as part of the trustor's or survivor's estate and are, therefore, not taxable to either. Also called a B trust.

www.sapling.com/8407513/residual-trust

Residual Clause. When you have a living trust, you can give a certain amount of assets or money to each one of your beneficiaries. If the value of your estate grows beyond what it is when you create the trust, there may be some left over.

www.answers.com/Q/Are_residual_trusts_revocable

A revocable trust is revocable by its maker. A residual estate is the property left in an estate after specific bequests have been made. The residual estate may be transferred to a trust and that ...

www.nolo.com/legal-encyclopedia/residuary-beneficiaies.html

The residuary beneficiary of a living trust receives all property transfered into the trust that isn't passed to specific beneficiaries. The residuary property is usually easily defined, because the only property to take into consideration is the property that was transferred into the trust.

www.irs.gov/pub/irs-wd/0118043.pdf

trust for the benefit of Spouse and a residuary trust (“Residuary Trust”). Under the terms of Trust Agreement, which governs Residuary Trust, Spouse possesses a qualifying income interest in Residuary Trust property for life. Trust Agreement also provides that Decedent’s personal representative has the power to

www.reference.com/business-finance/residuary-trust-4d...

A residuary trust is typically the property of the decedent's equal to the remaining exclusion amount, as noted on the Business Dictionary website. It is part B of the A-B trust, otherwise referred to as the marital residuary trust. The A-trust is all of the decedent's assets that in excess of the allowed exclusions.

thelawdictionary.org/residuary-trust

What is RESIDUARY TRUST? The trust portion recognised as B in an AB trust that is made when the trustor dies. More On This Topic. How To File An Irrevocable Trust With The IRS; How To Make An Irrevocable Trust; Three Tell-tale Signs of a Breach of Trust; The Best Way to Create a Living Trust;

www.answers.com/Q/What_is_a_residual_trust

A residual trust is known as the A-B trust. It its set up to handle someones estate and allow for part of it to be used for the spouse.

www.justanswer.com/.../1ednw-residual-asset-living-trust.html

"If the trust does not indicate or direct that the house be sold prior to sale, then the trustee should convey the house to the three interested parties and all three should pay the expenses of the house pending sale." I still have the outstanding question, "is the left over cash a residual asset?" Thanks

www.thebalance.com/revocable-vs-irrevocable-trusts-3505386

An irrevocable trust is simply a type of trust that can't be changed by the grantor after the agreement has been signed and the trust has been formed and funded. For the most part, it's forever. You can't take property back that you've placed into it. You can't act as trustee and manage the trust's assets. You form the trust and step aside for ...