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Pecuniary Legatee Question
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Hi,
I've been named as a pecuniary legatee in a will. I have been given a set sum of money. However, it also says that all the remainder of any real and personal property whatsoever and wheresoever will be given to the trustees to be divided equally between the pecuniary legatees. Does this mean I am also a residual beneficiary? If so, would I be given this share after being given the set sum?
Thanks.
I've been named as a pecuniary legatee in a will. I have been given a set sum of money. However, it also says that all the remainder of any real and personal property whatsoever and wheresoever will be given to the trustees to be divided equally between the pecuniary legatees. Does this mean I am also a residual beneficiary? If so, would I be given this share after being given the set sum?
Thanks.
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For more on marking an answer as the "Best Answer", please visit our FAQ.well as a non lawyer I think the answer is yes and yes
here is something on pecuniary legatees which by and large doesnt concern you and your position but gives the flavour....
http:// www.law skills. co.uk/a rticles /2010/0 1/the-n utty-pr oblem-o f-conti ngent-p ecuniar y-legac ies/
The execs cant give you the share of the residue until they have distributed the specific bequests of which one was to you
here is something on pecuniary legatees which by and large doesnt concern you and your position but gives the flavour....
http://
The execs cant give you the share of the residue until they have distributed the specific bequests of which one was to you
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