per capita

What Does “Per Stirpes” Mean?

You may have been confused by the phrase “per stirpes” before in a will. Here’s a quick rundown on what it means in Maryland. Per stirpes (pronounced “purr stir-peas”) literally means “by the stocks” or “by the roots.” It is used when a beneficiary’s children inherits their parent’s share if the beneficiary is no longer living. It’s best understood through some examples. Example…

<aside id="vfb_widget-3" class="widget vfb_widget_class">

Contact us

 

Verification

</aside>
Montefusco Estate Planning, LLC
8133 Runnymeade Dr Frederick, Maryland 21702
Phone: 240-415-8323 URL of Map