Per stirpes is a legal term used in the law governing inheritance and estate. It is a designation that decrees how the assets of a testator (person making the will) will be distributed when a ...

The new system is known both as "representation," and "per capita at each generation," and is taken from the Uniform Probate Code. It has two basic principles, which are illustrated by the examples ...

Ah, those Latin words that lawyers love. Or, at least, used to. These days most lawyers do try to communicate in English, but some Latin terms persist because they are shorthand for well understood in ...

Like many aspects of personal finance, estate planning can be daunting. You’ll encounter complicated terms, intimidating procedures and it’s all about your inevitable demise. Of course, everyone ...