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Per Stirpes CalculatorTM
Enter the total
number of deceased heirs that have at least one living child, grandchild,
or great-grandchild. After entering the total estate value that is
to be divided among these deceased heirs, the Per Stirpes Calculator will
begin asking for family information for each deceased heir, as well as the
deceased issue of these heirs.
(Current file size limitations restrict the deceased values to
five at the child and grandchild levels. The great-grandchild levels
do not have any limitations. The number of living heirs at any level
is also unlimited.)
When you have entered all relations, the right
column shows the dollar amount given to each living grandchild and each
living great-grandchild. The great-great-grandchild level shows the
amount given to each living great-great-grandchild and to each deceased
great-great-grandchild for distribution to that
great-great-grandchild's issue.
Although a real-life distribution would rarely
extend to a great-great-great-grandchild, if you are interested in seeing the division
of a great-great-grandchild's share, simply copy the dollar amount that
represents the great-great-grandchild's share (the number from the right
column), reset the calculator, enter a '1'
for the deceased heirs with living issue, and paste the
great-great-grandchild's share as the
total estate value to be divided. Note:
When entering the number of any class of deceased, only include those
deceased who have at least one living child, grandchild, or
great-grandchild.
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