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Trust Glossary

Per Stirpes Distribution - Distribution of property that passes such that any property that would otherwise pass to a predeceased heir or beneficairy is distributed instead to his/her then living issue, equally if in the same generation.

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The content in this glossary is general in nature and is intended for informational purposes only. It is not intended to provide specific advice or recommendations for any individual or organization, because the facts and circumstances surrounding each situation differ. Please consult your attorney, tax advisor or other professional advisor for advice on your particular situation.

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