Search results
Results from the WOW.Com Content Network
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 ...
Per stirpes (/ p ɜːr ˈ s t ɜːr p iː z /; "by roots" or "by stock") [1] 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.
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.
The closing (also called the completion or settlement) is the final step in executing a real estate transaction. It is the last step in purchasing and financing a property. [1] On the closing day, ownership of the property is transferred from the seller to the buyer.
The closing is no exception: As you near closing day, be prepared for the different types of documentation you’ll encounter with this convenient closing-documents checklist. Closing documents ...
Main page; Contents; Current events; Random article; About Wikipedia; Contact us; Donate
Assessed value: The value of real estate property as determined by an assessor, typically from the county. "As-is": A contract or listing clause stating that the seller will not repair or correct ...
When creating an estate plan, one of the most basic documents you may wish to include is a will. ... Continue reading ->The post Per Stirpes vs. Per Capita in Estate Planning appeared first on ...