Business, Legal & Accounting Glossary
to obtain from someone after their death. Receive (money, property, or a title) as an heir at the death of the previous holder.
To receive property from someone who has died. Traditionally, the word “inherit” applied only when one received property from a relative who died without a will. Currently, however, the word is used whenever someone receives property from the estate of a deceased person.
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This glossary post was last updated: 22nd April, 2020 | 0 Views.