When creating an estate plan, the main decision is how your assets will be distributed after you pass away. Understanding "per stirpes" and "per capita" distribution is key to that decision. 

The terms "per stirpes" and "per capita" become important when your descendants include children and grandchildren. In a Will, these terms are often written as "I leave my [fill in the blank] to my descendants, per stirpes (or per capita)."

 

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Michael Monteforte, Jr.
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