Per stirpes definitions
Word backwards | rep seprits |
---|---|
Part of speech | Per stirpes is an adverb. |
Syllabic division | per stir-pes |
Plural | The plural form of the term "per stirpes" is "per stirpes." It is a Latin term that is used in legal and financial contexts to describe a method for distributing an estate among descendants. There is no need to change the term when using it in plural form. |
Total letters | 10 |
Vogais (2) | e,i |
Consonants (4) | p,r,s,t |
Per stirpes is a Latin term used in inheritance law to describe how a person's assets are distributed among their descendants if one of their direct descendants passes away before them. This legal term ensures that the deceased descendant's share is passed on to their own heirs, rather than being divided among the surviving descendants.
How Does Per Stirpes Work?
Per stirpes distribution typically follows a family tree pattern, where each branch of the family receives an equal share. For example, if a parent leaves their estate to their children per stirpes and one of their children predeceases them, that deceased child's share would pass on to their own children, if they have any, rather than being divided equally among the surviving siblings.
Key Considerations
It's important to specify per stirpes in your estate planning documents to ensure that your assets are distributed according to your wishes, especially if you want to prioritize passing assets down through multiple generations of your family. Without this designation, your assets may be distributed differently than you intended, leading to potential disputes among heirs.
Overall, per stirpes is a crucial concept in inheritance law that helps ensure your assets are distributed in a fair and equitable manner among your descendants, even in the event of a premature death of one of your direct heirs.
Per stirpes Examples
- In her will, the grandmother left her estate to be distributed per stirpes, with each child receiving an equal share.
- The trust fund was set up so that the assets would be passed down to the next generation per stirpes.
- Even if one of the beneficiaries passes away, their children can inherit their share per stirpes.
- The family decided to divide the vacation property per stirpes, ensuring each branch received a fair portion.
- When the parents passed away, their assets were distributed per stirpes among their five children.
- The will specified that any remaining funds should be distributed per stirpes among the grandchildren.
- The trust specifies that if any beneficiary predeceases the grantor, their share will pass to their descendants per stirpes.
- In the event of a beneficiary's death, their share will be distributed per stirpes to their children.
- The family tree was used to determine how the estate would be divided per stirpes among the relatives.
- Per stirpes distribution ensures that each branch of the family receives a fair share of the inheritance.