Previously, we distinguished English per stirpes from the other distribution methods. In the scenario in Part 1, in which all of Henry and Wendy’s children die before them, the allocation methods other than English per stirpes all produced the same result. In this post,
Many parents wish for their property to pass to their children when they die. If the children die before the parents, the parents often want the property to go to their grandchildren instead. This sounds simple enough, but there are a few different ways property can be allocated among surviving children and grandchildren.
There are certain estate planning documents that every person should have. These documents make life easier on you and your loved ones if you become unable to make decisions for yourself or pass away.
When you complete the estate planning process, you walk away with a set of documents. Those documents contain your wishes in case you die or become incapacitated.
