What Is Per Stirpes?

[Samuel]

Have you come across the term per stirpes in a will or legal document and wondered what it actually means? Many people ask how per stirpes distribution works, who inherits under this rule, and how it differs from other inheritance methods when a beneficiary passes away.

 

[Lily]

Per stirpes is a Latin term of estate planning that is translated as by branch. In case a beneficiary dies prior to testator, the part of the inheritance transfers equally to the immediate descendants, and thus each of the branches of the family has their share.

 

[Frederick]

Per stirpes is an estate planning legal term, which forms an allocation of assets. In case of death of a primary beneficiary, before the individual who has written the will there is equal distribution between him and his children or he will get the share of his immediate family members. This means that all the branches of a family are guaranteed to get what they rightfully deserve in an inheritance so that there is no chance of the family of a deceased heir being unintentionally locked out of an inheritance.

 

[Stacy]

Per stirpes is a legal term in estate planning. It ensures that if a beneficiary dies before the testator, their share of an inheritance passes automatically to their descendants, maintaining the distribution within the family line.