Per stirpes

Per Stirpes Beneficiary Designation
A beneficiary designation in which the proceeds from a life insurance policy are given to the descendents of the deceased beneficiary.
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Per stirpes
Definition: [crh] A method for distributing the assets of an individual who dies without a valid will. The Latin means for each descendant.

Per Stirpes (Life Insurance): The death proceeds of a contract or policy are divided equally among the named beneficiaries. The share of any deceased named beneficiary is distributed to his/her living dependents. For contrast see per contrast.

Per stirpes
Per stirpes is the legal term for transferring the assets of your estate to your children and their descendants. With a per stirpes distribution, each of your children who is named as a beneficiary is entitled to an equal share.

Per stirpes
A method for distributing the assets of an individual who dies without a valid will. The Latin means for each descendant.
Percent to double
Percentage that the stock price has to rise (fall) to double the price of the call (put).

Per Stirpes
A stipulation that, should a beneficiary predecease the testator, the beneficiary's share of the inheritance will go to his or her heirs.

per stirpes A method for distributing the estate of a deceased individual, which specifies... percent held by institutions The percentage of outstanding common shares being held by institutional investors (i.e. pension plans).

Also see per stirpes. PERMANENT LIFE INSURANCE See cash value life insurance. PERILS Exposure of a person or property to injury or loss.

The total bonded debt of a municipality divided by the population of the municipality.
Per stirpes
A method for distributing the assets of an individual who dies without a valid will. The Latin means for each descendant.
Percent to double ...

See also: Per capita, Expense, Preferred share, Penny stock, Administrator