residuary beneficiary

21:03 Mar 1, 2022

English to Serbian translations [PRO]
Bus/Financial - Law (general)

English term or phrase: residuary beneficiary

Radi se o testamentu i beneficiary bi bilo nasljednik, ali ovo residuary nikako da riješim. Radi o dva brata koji su jedini nasljednici navedeni u testamentu i cjelokupna imovina se dijeli na jednake dijelove njima dvojici. Zato me to residuary toliko i zbunjuje. U jednom dijelu teksta piše 'they are appointed joint executors, and they are the residuary (and only) beneficiaries under the will'. Ako se residuary odnosi na preostalu imovinu prema definiciji dostupnoj na internetu, kako onda u isto vrijeme mogu da budu i residuary i only?

Zeljko Puljak KudoZ activity Questions: 20 (1 open) (1 without valid answers) (3 closed without grading) Answers: 116 Bosnia and Herzegovina
Local time: 20:10

Summary of answers provided

zakonski naslednik

Milan Nesic

4 -1

наследници преостале имовине / наследне масе

Daryo

Discussion entries: 4

Answers

2 days 35 mins confidence:

zakonski naslednik

Explanation:
Samo se različito tretiraju zavisno od toga da li nasleđuju kao zaveštajni (testamentalni) naslednici ili kao zakonski naslednici.

Ako ostavilac u testamentu precizira kome od naslednika šta od imovine ostavlja, taj naslednik to nešto konkretno nasleđuje na osnovu testamenta, a ono ostalo - što nije precizirano - nasleđuju kao zakonski naslednici na osnovu zakona - po naslednim redovima.

"A residuary beneficiary is a person who receives any property from a will or trust that is not specifically left to another designated beneficiary. The property received by the residuary beneficiary from a will is referred to as the residuary bequest. For example, in In re Estate of Burger, a Pennsylvania Supreme Court case, the Court found that one of the residuary beneficiaries to a will rendered it partially invalid because the residuary beneficiary exercised undue influence to obtain property from the testator."

https://www.law.cornell.edu/wex/residuary_beneficiary

Milan Nesic
Specializes in field
Native speaker of:

Serbian
PRO pts in category: 56

The asker has declined this answer

23 days confidence:

peer agreement (net): -1

residuary beneficiaries (of a will) наследници преостале имовине / наследне масе

Explanation:
What creates confusion is that in fact what is "residuary" is "the residue" of the inheritance, they are not "residual" people.

They are "residuary" beneficiaries of the will in the sense that whatever was not explicitly listed in the will (and thus not explicitly allocated to anyone) will be given to those "residuary" beneficiaries.

They are certainly not "residuary" beneficiaries in the sense that they will be given what's left of the inheritance after OTHER beneficiaries got their parts, as in this case there simply in NO "other beneficiaries".

То су "наследници преостале имовине", тј. "преостале" у смислу да та имовина није побројана (изричито наведана) у тестаменту.

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Note added at 23 days (2022-03-25 17:55:21 GMT)
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there is no contradiction, you can also se it as:

the residuary (and only) beneficiaries under the will =

-- residuary beneficiaries = what they inherit is the "residue" of the inheritance after paying off various creditors

-- only beneficiaries = no one else will inherit the "net amount" of this inheritance.

One way or another, can't see what else could make sense if not

"наследници преостале имовине"

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Note added at 23 days (2022-03-25 17:56:09 GMT)
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you can also see it as:

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Note added at 23 days (2022-03-25 17:58:21 GMT)
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наследници преостале имовине / преостале наследне масе

Daryo
United Kingdom
Local time: 19:10
Native speaker of:

Serbian,

French
PRO pts in category: 160

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