Secure Your Legacy: Understanding Pro Rata & Per Stirpes
Understanding Inheritance Distribution: Pro Rata vs. Per Stirpes Planning for the future distribution of your assets is a crucial part of estate planning. Two common methods for dividing inheritance are pro rata and per stirpes. While both aim to distribute your estate, they differ significantly in how they handle situations where a beneficiary predeceases you. Understanding these differences is key to ensuring your wishes are carried out accurately. For more complex scenarios involving multiple beneficiaries, you might find it helpful to learn about beneficiary types....