Per stirpes

Per stirpes,

Definition of Per stirpes:

  1. Among the branches of a family in equal shares, the share of each branch being subdivided equally among the members of that branch. Opposed to per capita.

  2. Designating (a share of) an inheritance divided per stirpes; that has received such a share.

  3. The sharing of property between multiple beneficiaries. If the insured should outlive one of these beneficiaries, the deceased beneficiarys heir shall inherit the beneficiarys share of the property.

Meaning of Per stirpes & Per stirpes Definition