In a testate distribution, a gift of property left after all other legacies have been assigned is referred to as a

Question

Quizplus · Accepted Answer

In a testate distribution, a gift of property left after all other legacies have been assigned is referred to as a residuary legacy. This is because it represents the residue of the estate that remains after all other gifts have been distributed. General legacies refer to a gift of a specific amount of money or property, while demonstrative legacies refer to a gift of a particular item of property from a specified source. Specific legacies refer to a gift of a specific item of property.

In a Testate Distribution, a Gift of Property Left After