When mapping out your estate plan, you may come across the term “residuary estate.” In simple terms, a residuary estate is any part of your estate that hasn’t been distributed to your heirs through a ...

Even if a will or trust does contain a tax-apportionment clause, directing payment of all taxes out of the residue may not be the best tax result for the beneficiaries and may not mirror the ...

Recent New York courts have upheld the validity of a decedent’s will, confirming the spouse as the sole residuary beneficiary and dismissing objections, while reversing a probate order due to issues ...