LDPS definition

LDPS means low-default portfolios;
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LDPS means the Louisiana Department of Public Safety and Corrections.
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LDPS means an abbreviation of lineal descendants per
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Examples of LDPS in a sentence

  • Act Rules - If there are multiple primary beneficiaries and a primary beneficiary does not survive all persons creating the account and does not have a substitute under the LDPS rules, the share of the nonsurviving primary beneficiary is allocated among the surviving primary beneficiaries in the proportion that their shares bear to each other.

  • An Account Owner may designate multiple POD beneficiaries of an Account but is not allowed to use Lineal Descendants Per Stirpes (LDPS) as a further designation in the event one or more POD beneficiaries fails to survive the Account Owner or last surviving Account Owner.

  • If no beneficiary survives all persons creating the account, the property belongs to the estate of the owner unless directed to a substitute beneficiary under the LDPS rules.

  • If there are multiple contingent beneficiaries and a contingent beneficiary does not survive all persons creating the account and does not have a substitute under the LDPS rules, the share of the nonsurviving contingent beneficiary is allocated among the surviving contingent beneficiaries in the proportion that their shares bear to each other.

  • If there are no surviving primary beneficiaries and there are no substitutes for the nonsurviving primary beneficiaries under the LDPS rules, the property belongs to the surviving contingent beneficiaries in equal shares or according to the percentages or fractional shares stated in the designation.

  • LDPS designation means that if a named beneficiary of such an account dies before the account owner, then the unnamed lineal descendants of that deceased beneficiary will acquire the share of the deceased beneficiary on the death of the owner per stirpes.

  • LDPS 10X Free Version is being distributed as Freeware for the End User’s commercial use.

  • The beneficiaries do not take as lineal descendants per stirpes (no LDPS).

  • You may install and use the number of copies specified by your purchase agreement with Lumistar of the LDPS 10X Pro version.

  • LDPS is a lineal descendent beneficiary designation that specifies that if a beneficiary predeceases the Account Owner, the beneficiary’s share of the inheritance will go to his or her lineal descendants.


More Definitions of LDPS

LDPS means an abbreviation of lineal descendants per stirpes, which may be used in a beneficiary designation to designate a substitute beneficiary as provided in section 22 of this chapter.
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