Question

Alex and Bob had 4 children during their lifetime (Christine, David, Ethan and Frank). Christine and David died in a car accident in 2001. Christine had one child during her lifetime (Carol) and David had two children during his lifetime (Dennis and Doug). Alex and Bob died in 2005 leaving behind Christine's daughter and David's children, as well as Ethan and Frank. Alex and Bob had a fortune of $100,000. Using PER STIRPES, how much is CAROL entitled to?

Answer 1

In Per Stirpes, each branch of family receives an equal share of an estate.

Since the Alex and Bob had initially 4 children, their fortune will be given 1/4 th to Christine, David, Ethan and Frank and will be further distributed in equal proportion to their children. Therefore, share of all Christine, David, Ethan and Frank will be equal to $100,000 * 1/4 = $25,000.

Since Christine only had one descendant Carol, therefore her complete share will go to Carol i.e. $25,000 as per Per Stirpes.

Hence, Carol is entitled to $25,000 as per Per Stirpes.