{"id":1468,"date":"2022-12-23T01:48:54","date_gmt":"2022-12-23T01:48:54","guid":{"rendered":"https:\/\/law-oh.com\/?p=1468"},"modified":"2022-10-27T20:59:31","modified_gmt":"2022-10-27T20:59:31","slug":"what-you-need-to-know-about-leaving-property-to-children-in-a-will","status":"publish","type":"post","link":"https:\/\/law-oh.com\/what-you-need-to-know-about-leaving-property-to-children-in-a-will\/","title":{"rendered":"What You Need to Know About Leaving Property to Children in a Will"},"content":{"rendered":"
There is a situation few of us care to think about when we are considering transferring our property to our children. What should happen to our property if our children die before us?<\/p>\n
I read that when making a will, I could leave my property to my children \u201cper stripes.\u201d Why is the law talking about us like we\u2019re some kind of zebra<\/em>?<\/p>\n The phrase is Latin and it is \u201cper stirpes,\u201d not \u201cper stripes.\u201d Some bits of property law are extremely ancient in origin and this is one of them.<\/p>\n If a child has died before the parent who leaves property through a will or trust, and that deceased child has passed without leaving any children, many would say that the property should be divided among the remaining children. That situation is pretty straightforward. Suppose that you had three children, and your will said to distribute the property to your children in equal shares \u201cper stirpes.\u201d Then one of your children died without children of their own. The \u201cper stirpes\u201d designation in your will would mean that your surviving children would split your property into two equal shares.<\/p>\n The complication comes, though, when one child has died leaving his or her own children. Let\u2019s call those children \u201cgrandchildren.\u201d Would you, as the parent leaving the property, want those \u201cgrandchildren\u201d to split the share you had intended for your now-deceased child?<\/p>\n That would be the simplest solution and that is what \u201cper stirpes\u201d would do. If you had three children, and one died leaving two \u201cgrandchildren,\u201d your will would direct that your two surviving children would get one-third each, and the surviving \u201cgrandchildren\u201d would get one-sixth each. That is distribution \u201cper stirpes.\u201d The phrase means \u201cby the branch.\u201d<\/p>\n The problem there, though, is that from the grandchildren\u2019s point of view, they get less than the other grandchildren. There are a couple of other options we can discuss with you. Or, you can do as most people do, opt for \u201cper stirpes,\u201d and leave it at that.<\/p>\n Zebras have nothing to do with it.<\/p>\n We hope you found this article helpful. Contact<\/strong><\/a> our office at <\/strong>(740) 947-7277<\/strong><\/a> and schedule a free consultation to discuss your legal matters.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" There is a situation few of us care to think about when we are considering transferring our property to our children. What should happen to our property if our children die before us? I read that when making a will, I could leave my property to my children \u201cper stripes.\u201d Why is the law talking…<\/p>\n","protected":false},"author":2,"featured_media":1461,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[15,98,38],"post_series":[],"yoast_head":"\n