Beneficiary
What Is a Residuary Clause and Why Is It Important?
With a residuary clause, you can intentionally disburse any items inadvertently left over to a named beneficiary or group of beneficiaries.
With a residuary clause, you can intentionally disburse any items inadvertently left over to a named beneficiary or group of beneficiaries.
Your mortgage does not simply disappear when you die. A few different scenarios can unfold, depending on the estate plan instructions.