Clauses dealing with accruer of share(s) of residue

The following Wills & Probate precedent provides comprehensive and up to date legal information covering:

  • Clauses dealing with accruer of share(s) of residue

Clauses dealing with accruer of share(s) of residue

[If [insert full name of beneficiary] of [insert full address of beneficiary] shall predecease me or shall survive me and fail to attain a vested interest in such [insert proportion of shares of residue] share, then I direct that my trustees shall hold [proportion of the predeceased beneficiary’s share, eg one-half] of [insert full name of predeceased beneficiary]’s share as an accretion to the share(s) left to [insert full name of substituted beneficiary] of [insert full address of substituted beneficiary] and their issue and of the other [proportion of the predeceased beneficiary’s share, eg one-half,] of [name of predeceased beneficiary]’s share as an accretion to the share left to [insert full name of substituted beneficiary] of [insert full address of substituted beneficiary] and their issue.

OR

My trustees shall hold my residuary estate upon trust to divide it or to treat it as being divided into [insert number] shares of equal value and shall hold them upon the following trusts subject to the following provisions:

    1. 1

      My trustees shall hold such shares

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