Inheritance

Inheritance in United States

Inheritance Definition

A perpetuity in lands to a man and his heirs; the right to succeed to the estate of a person who dies intestate. Dig. 50. 16. 24. The term is applied to lands. The property which is inherited is called an inheritance. The term “inheritance” includes not only lands and tenements which have been acquired by descent, but every fee simple or fee tail which a person has acquired by purchase may be said to be an inheritance, because the purchaser’s heirs may inherit it. Co. Litt. § 9. See “Estate.” In Civil Law. The succession to all the rights of the deceased. It is of two kinds: That which arises by testament when the testator gives his succession to a particular person; and that which arises by operation of law, which is called “succession ab intestat.” Heinec. Lee. Elem. §§ 484, 485.

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Legal Issue for Attorneys

A perpetuity in lands to a man and his heirs; the right to succeed to the estate of a person who dies intestate. Dig. 50. 16. 24. The term is applied to lands. The property which is inherited is called an inheritance. The term “inheritance” includes not only lands and tenements which have been acquired by descent, but every fee simple or fee tail which a person has acquired by purchase may be said to be an inheritance, because the purchaser’s heirs may inherit it. Co. Litt. § 9. See “Estate.” In Civil Law. The succession to all the rights of the deceased. It is of two kinds: That which arises by testament when the testator gives his succession to a particular person; and that which arises by operation of law, which is called “succession ab intestat.” Heinec. Lee. Elem. §§ 484, 485.

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Notice

This definition of Inheritance Is based on the The Cyclopedic Law Dictionary . This definition needs to be proofread..

Basic Meaning of Inheritance

Inheritance means: the estate which passes from the decedent to his/her heirs.

Resources

See Also

  • Legal Topics.
  • Inequality, Wealth; Wealth

    object-oriented programming.

    Mendel’s laws.

    Further Reading (Books)

    Austen, Jane. 1991. Pride and Prejudice. New York: Knopf.

    Holtz-Eakin, Douglas, David Joulfaian, and Harvey Rosen. 1993. The Carnegie Conjecture: Some Empirical Evidence. Quarterly Journal of Economics 108, no. 2: 413-435.

    Kotlikoff, Laurence, and Lawrence Summers. 1981. The Role of Intergenerational Transfers in Aggregate Capital Accumulation. Journal of Political Economy 89, no. 4: 706-732.

    Masson, André, and Pierre Pestieau. 1997. Bequest Motives and Models of Inheritance: A Survey of the Literature. In Is Inheritance Legitimate? Ethical and Economic Aspects of Wealth Transfers, ed. Guido Erreygers and Toon Vandevelde. New York: Springer.

    Menchik, Paul, and Nancy Jianakoplos. 1997. Black-White Wealth Inequality: Is Inheritance the Reason? Economic Inquiry 35, no. 2: 428-442.

    Modigliani, Franco. 1988. Measuring the Contribution of Intergenerational Transfers to Total Wealth: Conceptual Issues and Empirical Findings. In Modelling the Accumulation and Distribution of Wealth, ed. Denis Kessler and André Masson. Oxford: Clarendon.

    Oliver, Melvin L., and Thomas M. Shapiro. 1995. Black Wealth/White Wealth: A New Perspective on Racial Inequality. New York: Routledge.

    Shapiro, Thomas M. 2004. The Hidden Cost of Being African American: How Wealth Perpetuates Inequality. New York: Oxford University Press.

    Ngina Chiteji

    Further Reading (Articles)

    Inheritance Taxes in Australia: A Matter of Indifference, Not Taboo, Australian Journal of Social Issues; September 22, 2014; Gilding, Michael Glezos, Lee

    Inheritance and property settlement – will you lose the inheritance to your former spouse?, Mondaq Business Briefing; December 26, 2011

    INHERITANCE Tax Is Paid on Your Estate []; Invested INTEREST, Daily Post (Liverpool, England); November 4, 2013

    inheritance, The Mosby Medical Encyclopedia; October 1, 1996

    Inheritance and Wealth in America, Family Relations; January 1, 1999; Phillips, Tommy Bartoszuk, Karin

    Inheritance Tax: Darling’s promise: no inheritance tax on family estates worth less than pound(s)700,000, Belfast Telegraph; October 10, 2007; James Daley

    Inheritance, Encyclopedia of European Social History; January 1, 2001

    Inheritance Tax Burden Will Fall on One Third of Families, Daily Mail (London); February 4, 2006

    An Ethics of Inheritance, Philosophy Today; April 1, 2008; Lafaye, Caroline Guibet

    TACKLING EU CROSS-BORDER INHERITANCE TAX OBSTACLES- FREQUENTLY ASKED QUESTIONS. States News Service; December 15, 2011

    Estate And Inheritance Taxes Increase As States Seek Revenue. Mondaq Business Briefing; December 10, 2009

    Planning for the New Jersey Inheritance Tax, The CPA Journal; February 1, 2014; Lynch, Jim

    An Economic Model for Calculating Prospective Inheritance, Journal of Legal Economics; April 1, 2002; Frasca, Ralph R.

    Inheritance law in Islam : Women have a
    more fair deal than men, The New Nation (Dhaka, India); April 30, 2011

    Inheritance (in the Bible), New Catholic Encyclopedia; January 1, 2003; HARVEY, J.

    Inheritance Stealth Tax Creeps Up on 2m; Rising House Prices Treble the Number of Families Caught in Treasury’s Trap, Daily Mail (London); November 19, 2005

    Time ripe to levy inheritance tax, China Daily; November 3, 2004; Ling Hu

    Equal Opportunity and Inheritance Taxation, Harvard Law Review; December 1, 2007; Alstott, Anne L.

    How to avoid strife after death; Inheritance tax is not just for the rich and famous, as Ruth Allen discovers, The Herald; April 28, 2001; Ruth Allen

    Torts and Estates: Remedying Wrongful Interference with Inheritance, Stanford Law Review; February 1, 2013; Goldberg, John C. P. Sitkoff, Robert H.

    Inheritance in State Statute Topics

    Introduction to Inheritance (State statute topic)

    The purpose of Inheritance is to provide a broad appreciation of the Inheritance legal topic. Select from the list of U.S. legal topics for information (other than Inheritance).

    Basic Meaning of Inheritance

    Inheritance means: the estate which passes from the decedent to his/her heirs.

    Resources

    Further Reading

    Right of Inheritance. in 1899 (United States)

    The following information about Right of Inheritance. is from the Cyclopaedia of Political Science, Political Economy, and the Political History of the United States by the Best American and European Writers.

    RIGHT OF INHERITANCE. (See INHERITANCE.)

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