Legal Question in Wills and Trusts in Georgia
Per Stirpes
Does a per stirpes benefiaiary designation for an Individual Retirement Account limit the inheritance to only natural children, excluding adopted children?
Asked on 8/13/07, 12:01 pm
2 Answers from Attorneys
Glen Ashman
Ashman Law Office also dba Glen Ashman Attorney
Re: Per Stirpes
I'd want to read the exact language, but in almost all circumstances adopted children are treated the same as natural ones in such cases. regardless, it's very bad practice to throw Latin around that way without additional language, and a well drafted beneficiary will include an explanation that deals with the issue.
Answered on 8/13/07, 12:09 pm
Charles W. Field
Charles W. Field, Attorney at Law
Re: Per Stirpes
It depends on the wording on the IRA account. Contact the administrator of the account.
Answered on 8/13/07, 5:42 pm