Estate Terms

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Decedent -- An individual who has died.

Intestate -- A person who dies without a valid will in place.

Per capita -- All beneficiaries receive equal portions of the estate regardless of their or their parents familial relationship to the decedent.

Per stirpes -- The distribution of assets is based on what the beneficiaries immediate ancestor would have received if they were still alive.

Testate -- A person who dies with a valid will in place.

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