According to the terms of Kim's will, specific gifts are made, and taxes and other estate debts are paid. The assets of the estate that remain are most likely to be distributed through
A)a codicil.
B)a type of trust.
C)none of the choices.
D)a residuary clause.

Question

Quizplus · Accepted Answer

A residuary clause in a will specifies how the remaining assets of an estate, after specific gifts, taxes, and debts have been paid, are to be distributed.

According to the Terms of Kim's Will, Specific Gifts Are