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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 ]
Example of per stirpes: Let’s say you have three beneficiaries (A, B and C), and each is set to receive an equal portion of a $300,000 death benefit. That means each beneficiary would receive ...
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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 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
The 1580 Ordinance adopted the schependomsrecht distribution per stirpes, restricting it in the case of collaterals to the fourth degree inclusive. Finally, the 1599 Placaat compromised between the two systems with respect to distribution, and gave one half of the estate to the surviving parent, and the other half to the descendants of the ...
In inheritance, a pari passu distribution can be distinguished from a per stirpes (by family branch) distribution. [3]For example, suppose a testator had two children A and B.