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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 ]
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 stirpes: If a beneficiary dies, their descendants inherit their share. This method ensures that a beneficiary’s family is still included in the payout. This method ensures that a beneficiary ...
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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.
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A required minimum distribution refers to a rule that says a beneficiary of an inherited traditional or Roth IRA must make annual distributions of at least a certain amount based on IRS formulas ...
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".