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The Importance of Per Stirpes and Per Capita Elections in Estate Planning and Beneficiary Designations

The Importance of Per Stirpes and Per Capita Elections in Estate Planning and Beneficiary Designations

In the realm of estate planning, the terms "per stirpes" and "per capita" play a pivotal role in how assets are distributed among beneficiaries. Understanding both terms is critical for anyone looking to ensure that their assets are transferred according to their wishes.