Inheritance Law, also known as succession law, is the body of law that governs the distribution of a person’s assets and liabilities after their death. It dictates how a deceased person’s estate is to be divided among heirs, which may include family members, relatives, or others named in a will. Inheritance Law interacts with wills, trusts, and estates, outlining the legal rights of heirs and beneficiaries, as well as the responsibilities of executors and administrators of the estate. Key concepts in this area include testate succession (when a valid will exists) and intestate succession (when there is no will), with laws designed to provide a clear framework for resolving disputes and ensuring fair distribution according to the decedent’s wishes or statutory guidelines. Inheritance Law can vary significantly by jurisdiction, encompassing various regulations regarding probate processes, estate taxes, and the rights of spouses and children.
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