Investopedia / Jiaqi Zhou Per stirpes is a legal term designating who inherits a beneficiary's portion of an estate or asset if that beneficiary dies before the testator who created the will.

This is called a per stirpes distribution. That means that each branch of the family will receive an equal share. If that’s what you want to do, you must request per stripes, because equal ...

One little-known election on your retirement accounts, the choice of per stirpes vs. per capita, could even send your retirement money to the wrong beneficiary or cut someone you love out of ...