It does not apply to specific residuary bequests. Lilly would be the residual devisee and entitled to James's residuary estate. An omnibus clause is a clause that provides or includes all residuary not specifically mentioned. Some assets were given to residuary bodies for disposal. The proceeds would go to the residuary estate. Parliament shall legislate on residuary subjects following the Article 368 procedure as constitutional amendments. When he died childless before her she inherited his residuary collection. Her residuary estate of $850,848, minus estate taxes of $250,000, was donated to the MoMA. The $50,000 becomes part of the mother's residuary estate and goes to the daughter. However, there was no residuary left to fund the foundation after estate taxes were paid. Ten per cent of the residuary estate was to go to the Independent Board. They are termed residuary non-banking companies (RNBCs) that accept deposits of very low amounts. In 2007 the residuary legatee of Suzanne Belperron died. Usually, he was residuary legatee. Such list is called a Residuary List.