Video Summary
What does per stirpes or per stirps mean in an estate planning document? That means that you are leaving everything to, let’s say, a child. However, if they pass away upon prior to you, you wish it to go to their children or for that matter, any beneficiary that you leave your assets to. It’s usually used whenever you have several beneficiaries and you state that you leave it to three beneficiaries and equal shares per stirpes, which is Latin, which means that if any one of them would die before you, that their share would be distributed to their children or their heirs. If you have any questions, give me a call at (727) 847-2288.