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An inheritance is the set of assets that an individual bequeaths to their loved ones upon their … · what is an inheritance? The reception of genetic qualities by transmission from parent to offspring. Discover how inheritance works when it comes to … Learn exactly what an inheritance is and how it works, including how to set up your own inheritance … Inheritance is the practice of receiving private property, titles, debts, entitlements, privileges, rights, and obligations upon the death of an … Have questions about inheritance money? A valuable possession that is a common … · the process of transferring assets depends on if there is or isnt a will.