Inheritance

/ɪnˈherɪtəns/
Definition 1 of 3
Visual representation of "inheritance"
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Wealth Transfer

Inheritance often involves transferring wealth across generations within a family.

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The inheritance from his grandparents made him financially independent.
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Legal Process

Receiving an inheritance can involve a legal process, including wills, probate, and taxes.

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They had to wait for the probate process to conclude before accessing the inheritance.
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Unexpected Wealth

An inheritance can be unexpected and bring sudden changes to someone's financial situation.

Illustration for Unexpected Wealth
I suddenly received an inheritance from a relative I barely remembered.
Visual representation of the word "Inheritance"

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