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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 ]
When creating an estate plan, one of the most basic documents you may wish to include is a will. Both a will and a trust can specify how you want assets distributed among your beneficiaries.
Per capita is a Latin phrase literally meaning "by heads" or "for each head", and idiomatically used to mean "per person". The term is used in a wide variety of social sciences and statistical research contexts, including government statistics, economic indicators , and built environment studies.
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
You can choose between a specific percentage: per stirpes or per capita. Specific percentage: With this type of payout, each of your named beneficiaries receives a certain percentage of your life ...
per capita: by heads "Per head", i.e., "per person", a ratio by the number of persons. The singular is per caput. per capsulam: through the small box: That is, "by letter" per contra: through the contrary: Or "on the contrary" (cf. a contrario) per crucem vincemus: through the cross we shall conquer: Motto of St John Fisher Catholic High School ...
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 ...
The cost of crime per capita in U.S. cities was $2,221 in 2022. Violent crime costs over $2,000 per capita, while property crime costs an average of $198. For context, violent crime accounted for ...