Residue or Residuary Estate

All property not specifically devised or given away as part of your will or trust. Basically, whatever is left over after all assets which were specified in the will or…

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Residual beneficiary

Person who receives trust property after death of a life beneficiary, or ultimate beneficiary of property left by will or trust which wasn’t otherwise disposed of in the will or…

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Recording

Filing of deeds and official papers with the county land records office. Recording creates an official public record of ownership and changes in ownership.

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