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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.

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

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 make an election for federal tax purposes to treat any portion or all of Residuary Trust

www.avvo.com/legal-answers/i-don-t-understand-what-the...

I don't understand what the Residuary Trust Provisions really mean. My father died last year w/o a will. His verbal wishes had always been to have everything split equally between his 3 kids and our...

www.nonprofitfacts.com/MO/Residuary-Trust-Under-Maxine-Hillesland...

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Residuary Trust Under Maxine Hillesland Trust Dated 71601 As and has no official or unofficial affiliation with Residuary Trust Under Maxine Hillesland Trust Dated 71601 As

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.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.

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. ... Did you find this definition of RESIDUARY TRUST helpful? You can share it by copying the code below and adding it to your blog or web page.

en.wikipedia.org/wiki/Residuary_estate

At common law, if the residuary estate was divided between two or more beneficiaries, and one of those beneficiaries was unable to take, the share that would have gone to that beneficiary would instead pass by intestacy, under the doctrine that there was no residuary of a residuary. The modern rule, however, is that the failure of a residuary ...

www.legalzoom.com/articles/do-you-need-a-residual-clause...

Do you need a Residual Clause in your Trust? Find out more at LegalZoom.com ... simply call us toll-free at (800) 773-0888 during our normal business hours. All requests made under this guarantee must be made within 60 days of purchase. We will process your request within 5 business days after we've received all of the documents and materials ...

www.irs.gov/pub/irs-wd/1217011.pdf

Under the terms of Marital Trust, Spouse receives all income during her lifetime and principal distributions in the trustee’s discretion for her health, education, support and maintenance. Upon her death, the trustee will distribute the corpus of Marital Trust to Residuary Trust. Under the terms of Residuary Trust, the trustee may make