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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]
For example, suppose a testator had two children A and B. A has two children, and B has three. A has two children, and B has three. If the testator leaves his or her entire estate to his or her grandchildren in equal shares pari passu , each grandchild would inherit one fifth of the estate.
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 ...
Continue reading ->The post Per Stirpes vs. Per Capita in Estate Planning appeared first on SmartAsset Blog. When creating an estate plan, one of the most basic documents you may wish to include ...
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The article's value depends upon the distinction from per capita. Modifying per capita by the addition of by generation makes the two indistinguishable. Snaildarter 11:05, 14 July 2011 (UTC) Figure 2 is incorrect. The caption on Figure 2 is correct, but the image itself mislabels "Per Stirpes" and "Per Capita".