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WebNov 2, 2024 · The residuary estate encompasses all of the overlooked or unclaimed assets that once belonged to the deceased — after beneficiaries receive the items named for them in a will, and all necessary expenses, including estate taxes, debts, and funeral costs, have been paid. With provision to your will, called a residuary clause, you can give, or ... WebApr 13, 2024 · 25. Open a High Yield Savings Account. Opening a high-yield savings account is a great way to earn passive income and gain access to a number of benefits. Compared to typical savings accounts, high-yield savings accounts offer greater interest rates, enabling … WebDec 6, 2013 · Personal property, such as jewelry, furniture, and automobiles Bank accounts that are solely in the decedent's name An interest in a partnership, corporation, or limited liability company Any life insurance policy or brokerage account that lists either the decedent or the estate as the beneficiary Non-probate assets can include the following: ctr army.mil