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  2. Per stirpes - Wikipedia

    en.wikipedia.org/wiki/Per_stirpes

    Per stirpes (/ p ɜːr ˈ s t ɜːr p iː z /; "by roots" or "by stock") [1] [a] is a legal term from Latin, used in the law of inheritance and estates. An estate of a decedent is distributed per stirpes if each branch of the family is to receive an equal share of an estate in accordance with their deceased ancestor's share. [3]

  3. What happens if your life insurance beneficiary dies ... - AOL

    www.aol.com/finance/happens-life-insurance...

    That means each beneficiary would receive $100,000. However, if beneficiary C dies before you, under per stirpes, beneficiary C’s children would inherit the $100,000 that was originally meant for C.

  4. Choosing a life insurance beneficiary - AOL

    www.aol.com/finance/choosing-life-insurance...

    Per stirpes: This payout method ... For example, if you have two grown children, each with their own family, and one of them dies, the deceased’s children would receive their portion of your ...

  5. Per Stirpes vs. Per Capita in Estate Planning - AOL

    www.aol.com/per-stirpes-vs-per-capita-215439549.html

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  6. Intestate succession in South African law - Wikipedia

    en.wikipedia.org/wiki/Intestate_succession_in...

    The 1580 Ordinance adopted the schependomsrecht distribution per stirpes, restricting it in the case of collaterals to the fourth degree inclusive. Finally, the 1599 Placaat compromised between the two systems with respect to distribution, and gave one half of the estate to the surviving parent, and the other half to the descendants of the ...

  7. Intestacy - Wikipedia

    en.wikipedia.org/wiki/Intestacy

    Intestacy law, also referred to as the law of descent and distribution, which vary by jurisdiction, refers to the body of law (statutory and case law), establish a hierarchy for inheritance, typically prioritizing close relatives such as spouses, children, and then extended family members and determines who is entitled to the property from the ...

  8. Pari passu - Wikipedia

    en.wikipedia.org/wiki/Pari_passu

    In inheritance, a pari passu distribution can be distinguished from a per stirpes (by family branch) distribution. [3] For example, suppose a testator had two children A and B. A has two children, and B has three.

  9. What Happens to Life Insurance With No Beneficiary?

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