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inheritance
Also known as succession, hereditary right, succession to property, passing of office and position
300px|thumb|From William Hogarth's ''[[A Rake's Progress''. "The Young Heir Takes Possession Of The Miser's Effects".]]
AI overview
Inheritance is the transfer of property, money, or possessions from a deceased person to their heirs or beneficiaries. It matters because it allows people to pass on their accumulated wealth and assets to family members or others they choose, shaping financial security across generations.
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- Inheritance
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~18 min read
Article
17 sectionsContents
- Terminology
- History
- Religious laws about inheritance
- Jewish laws
- Christian laws
- Islamic laws
- Inequality
- Social stratification
- Sociological and economic effects of inheritance inequality
- Dynastic wealth
- Soviet response to inheritance
- Taxation
- Inheritance and pensions
- United Arab Emirates
- Notes
- References
- External links
300px|thumb|From William Hogarth's ''[[A Rake's Progress''. "The Young Heir Takes Possession Of The Miser's Effects".]]
Inheritance is the practice of receiving private property, titles, debts, entitlements, privileges, rights, and obligations upon the death of an individual. The rules of inheritance differ among societies and have changed over time. In legal terms, succession is the process by which a deceased person's rights and property are transferred to their heirs, while inheritance is the property or assets those heirs receive.