“Per Stirpes,” “Per Capita to Children,” and “Per Capita to Heirs”- in this article we explain beneficiary designations, with examples of each.“Per Stirpes,” “Per Capita to Children,” and “Per Capita to Heirs” – Small words with big meanings. Probate is often a challenging and confusing process. Sometimes, beneficiaries designated in a will can “pre-decease,” or die before, the person who wrote the will. What happens to the portion of the estate that would have gone to the pre-deceased person, … [Read more...]