Per stirpes is a method for distributing the estate of a deceased individual. Per stirpes (which is Latin for "per branch") specifies that each branch of the deceased person's family receives an equal share of the estate, regardless of how many people are in that branch. For example, if A and B are the children of the deceased, but B is also deceased leaving children C, D, E, F and G (the grandchildren of the original person), then A would receive one half of the estate and each of B's 5 children would receive one-tenth of the estate (essentially, they are dividing B's half). Per stirpes is different from per capita, because per capita weighs each person equally, rather than each branch equally.
Related information about per stirpes:
- Per stirpes - Wikipedia, the free encyclopedia
Per stirpes is a legal term in Latin. An estate of a decedent is distributed per stirpes, if each branch of the family is to receive an equal share of an estate.
- Per stirpes - Legal Dictionary - The Free Dictionary
[Latin, By roots or stocks; by representation.] A term used to denote a method used in dividing the estate of a person. A person who takes per stirpes,. sometimes ...
- Per Stirpes, Definition of Per Stirpes
Per Stirpes. ... The common usage in wills and trusts is "to my then living descendants, per stirpes." What this language means is that if you have two children ...
- What is per stirpes? definition and meaning
Definition of per stirpes: Per stirpes is a method for distributing the estate of a deceased individual. Per stirpes (which is Latin for per branch) specifies that each ...
- Per Stirpes | Nolo's Free Dictionary of Law Terms and Legal ...
If Freds will states that heirs of a deceased beneficiary are to receive the property "per stirpes," Julie will receive one-half of the property, and Alans two children ...
- MyStateWill.com | The Per Stirpes Calculator™
Result Amounts: When you have entered all relations, the right column shows the dollar amount given to each living grandchild and each living great-grandchild.
- Per Stirpes vs. Per Capita
You can avoid these taxes through the use of a living trust. to your children; Per Stirpes and Per Capita. Per Stirpes means that the Grantor This is the person that ...
- Frequently Asked Questions - What is a per stirpes designation ...
A per stirpes designation means that if a named beneficiary dies before the Insured dies, the children of the named beneficiary are entitled to the benefits, or the ...