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KembaraXtra – Legal Terms – Inheritance
Inheritance refers to the transfer of property, rights, and obligations upon a person’s death. This transfer may occur under the terms of a valid will or, where no will exists, under statutory rules governing intestacy.
The term also describes the property itself that passes to beneficiaries. Inheritance law reflects social priorities by favouring close family members and seeks to ensure orderly distribution of estates after death.
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