A residuary clause is a provision in a Will that passes the residue of an estate to beneficiaries identified in the Will. It is a safety net that catches all other items that a deceased person may own at the time of their death.
What is a clause in a will?
A clause directing the payment of debts and any estate taxes is included in the will. An attestation clause is where the witnesses (the number of witnesses depends on the state's requirements) sign and authenticate the will. Georgia requires at least two witnesses to sign the will.
Why do wills have a 30 day clause?
Survivorship clauses are pretty common in wills. They allow you to make a gift or bequest to someone but retain control over that gift if that person dies within a certain time period after you do. Thirty days is the standard time period recommended by estate planners for a survivorship clause.