When a residuary gift is given to all of the testator's descendants such that each is to receive an equal share regardless of what generation they are in,what type of distribution is this?

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Quizplus · Accepted Answer

This is a per capita distribution, where each individual receives an equal share regardless of their generational status. Per stirpes distribution would allocate shares to each generation, contingent distribution would depend on certain conditions being met, intestate distribution would apply in the absence of a will, and per abatement distribution would lower the amount of each share if there are not enough assets to satisfy all gifts made in the will.

When a Residuary Gift Is Given to All of the Testator's