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Definition of Remainder trust
1. Noun. (legal) A trust which is funded by the remainder of the trustors estate left over after all specific bequests have been funded. ¹
¹ Source: wiktionary.com
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1. Noun. (legal) A trust which is funded by the remainder of the trustors estate left over after all specific bequests have been funded. ¹
¹ Source: wiktionary.com