Maryland Estate Planning: What does “My descendants who survive me per stirpes” mean?
When having a Will or Trust drafted, if you agree to include this language your assets will be distributed equally to your lineal descendants who are blood relatives or legally adopted. Your children will be the first to receive your assets. If any of your children die before you, the percentage of assets due to that child will be divided equally among that person’s surviving children, if any. If that person has no living children, those assets will be divided equally among your remaining living children. This option eliminates the need to update the names of any child born or adopted after you make this designation.
For a free, confidential conversation to discuss these and other estate planning matters, or to create your own estate plan and Will, contact Maryland estate planning attorney Stephen J. Reichert at 410-299-4959, sreichert@reichertlegal.com or by clicking here.
Day, evening and weekend appointments are available in office or at your residence. Mr. Reichert personally serves clients in Baltimore, Baltimore County, Anne Arundel County, Howard County, Prince George’s County, Carroll County, Frederick County, Harford County, Montgomery County, Washington County, Charles County and throughout most of Maryland.
- Posted by reichertlegal
- Posted in Estate Planning Anne Arundel County Maryland, Estate Planning Baltimore Maryland, Estate Planning Frederick Maryland, Estate Planning Maryland, Estate Planning Odenton Maryland, Wills & Trusts Bethesda Maryland, Wills & Trusts Maryland
- Apr, 09, 2014
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