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inheritance |
Also found in: Dictionary/thesaurus, Medical, Legal, Financial, Wikipedia, Hutchinson | 0.02 sec. |
inheritance, in lawinheritance, in law: see heir heir, person designated by law to succeed to the ownership of property of another if that owner does not make a contrary disposition of it by will . A person who takes property left to him by will is not an heir but a legatee...... Click the link for more information. . inheritance, in biologyinheritance, in biology: see heredity heredity, transmission from generation to generation through the process of reproduction in plants and animals of factors which cause the offspring to resemble their parents. That like begets like has been a maxim since ancient times...... Click the link for more information. . inheritanceDevolution of property on an heir or heirs upon the death of its owner. In civil law jurisdictions it is called succession. The concept depends on a common acceptance of the notion of private ownership of goods and property. Under some systems, land is considered communal property and rights to it are redistributed, rather than bequeathed, on the death of a community member. In many countries, a minimum portion of the decedent's estate must be assigned to the surviving spouse and often to the progeny as well. Intestacy laws, which govern the inheritance of estates whose distribution is not directed by a will, universally view kinship between the decedent and the beneficiary as a primary consideration. Inheritance usually entails payment of an inheritance tax. See also inheritance tax; intestate succession; probate. In object technology, the ability of one class of objects to inherit properties from a higher class.
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