Prepare for the ATT Law Exam. Practice with multiple choice questions, each providing hints and explanations. Be well-prepared for exam day!

Multiple Choice

What happens to property left over once an estate has been fully administered?

After debts, taxes, and administration costs are settled, what remains becomes the residue of the estate. This leftover property is then distributed by the personal representatives to the legatees, meaning the beneficiaries named in the will to receive gifts. If there is a residuary clause, the residue goes to those legatees specified there; if there’s no such clause, the residue passes according to the intestacy rules to the deceased’s heirs. The other options don’t reflect what normally happens to the leftover estate: you don’t return assets to the deceased, the estate isn’t kept for a future administration, and charity donations only occur if a charity is named in the will.

After debts, taxes, and administration costs are settled, what remains becomes the residue of the estate. This leftover property is then distributed by the personal representatives to the legatees, meaning the beneficiaries named in the will to receive gifts. If there is a residuary clause, the residue goes to those legatees specified there; if there’s no such clause, the residue passes according to the intestacy rules to the deceased’s heirs. The other options don’t reflect what normally happens to the leftover estate: you don’t return assets to the deceased, the estate isn’t kept for a future administration, and charity donations only occur if a charity is named in the will.