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Equal Share Definition Legal
Equal Share Definition Legal -
Latin for by branch In the context of wills intestacy and trusts it usually means that each branch of a family is to receive a specified share of an estate or a trust fund For
Black s Law Dictionary Traditional per stirpes means that the children of a deceased parent divide up their parent s share In the
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Picture Of Equal
Per stirpes defined and explained with examples Per stirpes is distribution of an estate by equal shares to the deceased person s descendants
SmartAsset SmartAsset What Does Per Stirpes Mean in Estate Planning Updated on May 27 2023 Written by Liz Smith Per stirpes is a legal term of Latin origin translation is by roots or by
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EQUAL
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The meaning of PER STIRPES is in equal shares to each member of a specified class with the share of a deceased member divided proportionately among his or her
In simple terms per stirpes means that if a beneficiary has passed away their share of the gift will be divided equally among their surviving children However if any of
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Black s Law Dictionary Traditional per stirpes means that the children of a deceased parent divide up their parent s share In the
https://www.nolo.com/legal-encyclopedia/what-per-stirpes.html
Per stirpes contrasts with per capita another way of distributing a dead beneficiary s gift Here s how per capita works Like the example above but Fred s will states that the
Black s Law Dictionary Traditional per stirpes means that the children of a deceased parent divide up their parent s share In the
Per stirpes contrasts with per capita another way of distributing a dead beneficiary s gift Here s how per capita works Like the example above but Fred s will states that the
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