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Example 1B: If grandchild B1 had predeceased A, leaving two children B1a and B1b, and grandchild B2 had also died leaving three children B2a, B2b, and B2c, then distribution per stirpes would give one-third each to C and D; one-twelfth each to B1a and B1b, who would constitute a branch; and one-eighteenth each to B2a, B2b, and B2c.
Example of per stirpes: Let’s say you have three beneficiaries (A, B and C), and each is set to receive an equal portion of a $300,000 death benefit. That means each beneficiary would receive ...
When this term is applied to estate planning, it refers to the equal distribution of assets among the different branches of a family and their surviving descendants. Per Stirpes vs. Per Capita 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 ...
A per quod statement is typically used to show that specific acts had consequences which form the basis for the legal action. per se: by itself Something that is, as a matter of law. per stirpes: by branch An estate of a decedent is distributed per stirpes, if each branch of the family is to receive an equal share of an estate. periculum in mora
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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.