What does "entitlement in residue" refer to in estate distribution?

"Entitlement in residue" refers to the portion of the estate that remains after all specific bequests, debts, taxes, and expenses have been paid or satisfied. This concept is crucial in the administration of estates because it determines what is left for distribution among the beneficiaries who are entitled to the residue. Typically, this can include both general beneficiaries and those specifically named in the will to receive the remaining assets.

In practical terms, once specific gifts are distributed (such as cash gifts to individuals or items of personal property), what remains is called the residue. Those beneficiaries designated to receive the residue are often referred to as "residuary beneficiaries," and they receive their share after all prior claims against the estate are settled. Understanding this concept is essential for determining how the remaining assets will be allocated among those beneficiaries.

The other options do not accurately reflect the meaning of "entitlement in residue." The total value of the estate involves all assets before they are distributed, not just the remaining portion. An initial bequest refers to the first gifts made from the estate, which have no bearing on the residue. Non-eligible portions of the estate do not exist in this context regarding residue; instead, the focus is strictly on what remains for distribution after other instructions have