Examlex
Specialized investments:
Per Stirpes
A distribution in which each surviving descendant divides the share that his or her parent would have taken if the parent had survived. Also called by right of representation.
Descendants
Individuals who are the direct blood relatives in the downward line, including children, grandchildren, and so on.
Surviving Descendant
A direct blood relative of a deceased individual, such as a child or grandchild, who is entitled to inherit under the laws of intestacy.
Holographic Wills
Handwritten wills made by the testator, generally without formal witnessing, that may be legally binding in some jurisdictions.
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