Entity: INHERITANCE
Inheritance refers to the transfer of money, property, or genetic traits from one generation to another. It can also encompass intangible aspects passed down through generations.
INHERITANCE
Etymology
The word 'inheritance' originates from the Latin word 'inheritantia,' meaning 'to inherit.'
Definition
Inheritance refers to the act of receiving money, property, genetic traits, or intangible aspects from a predecessor, typically upon their death.
Historical Context
Throughout history, inheritance has played a crucial role in the distribution of wealth and power within societies, often leading to the perpetuation of social inequalities.
Cultural Significance
In different cultures, inheritance customs vary widely, influencing family structures, economic systems, and social norms.
Related Concepts
Inheritance is closely related to succession, wills, estate planning, and genetic inheritance.
See Also
- Succession
- Estate Planning
- Genetic Inheritance
The act of receiving money, property, genetic traits, or intangible aspects from a predecessor, typically upon their death.