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  • Attorney Michael A. Malyuk

Does Your Will Have a Residuary Clause?

A residuary clause names who will receive any assets, or the sale proceeds, not specifically gifted elsewhere within the Will. In other words, a residuary clause is a catch all provision that ensures that all of an individual's assets are distributed as he or she wishes.

For example, a very simple residuary clause might read, “I leave all my other assets, not specifically gifted elsewhere [in my Will] equally to my two children.” A residuary clause, however, can be more elaborate and provide for a variety of unforeseen contingencies.

If your Will does not have a residuary clause or if you are unsure about this option, contact our office for assistance.

Will, Estate Planning, Lawyer for Will, Attorney for Will, Estate Planning Lawyer, Lawyer in Akron, Cuyahoga Falls Lawyer, Michael Malyuk, Eric McDaniel, Matthew Kasper, Akron Attorney, Legal Help, End Of Life Planning
Residuary Clause

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