Residuary clause
A clause leaving all assets not covered by specific bequests to an identified beneficiary, so that nothing forgotten or later acquired falls outside the will.
This one is not written up yet
The definition above is the short version. A full explanation — how it works, a worked example and the exam traps — is still being written. In the meantime the chapter below covers it in context.
Written up from the same chapter
Where this is taught
Free preparation for NISM Series XVII← All terms