Ah, those Latin words that lawyers love. Or, at least, used to. These days most lawyers do try to communicate in English, but some Latin terms persist because they are shorthand for well understood in ...

Per stirpes is a legal term used in the law governing inheritance and estate. It is a designation that decrees how the assets of a testator (person making the will) will be distributed when a ...

If your life insurance beneficiary dies before you, the payout may go to a contingent beneficiary or your estate, depending on how you set up the policy. You can choose how death benefits are ...