What is the residue of an estate? What is the purpose of the distribution of residue clause?

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What is the residue of an estate? What is the purpose of the distribution of residue clause?

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Personal Finance

ISBN: 978-0134724713

4th Canadian edition

Authors: Jeff Madura, Hardeep Singh Gill

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