The residuary estate is the value of everything the deceased owned, minus any debts or expenses. This includes expenses after death, such as funeral costs.
The date of death determines the applicable statutory legacy amount. Check the table below for the date of death to determine the applicable statutory legacy amount:
| Date of death | Statutory legacy amount |
| 1 November 2017 – 30 June 2018 | $451,909 |
| 1 July 2018 – 30 June 2019 | $461,780 |
| 1 July 2019 – 30 June 2020 | $471,240 |
| 1 July 2020 – 30 June 2021 | $480,700 |
| 1 July 2021 - 30 June 2022 | $486,870 |
| 1 July 2022 - 30 June 2023 | $499,210 |
| 1 July 2023 - 30 June 2024 | $539,100 |
| 1 July 2024 – 30 June 2025 | $559,660 |
| 1 July 2025 - 30 June 2026 | $573,640 |