Inheritance refers to the practice of passing on belongings of an individual upon his/her death.
Characteristics | |
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Arguments in favor of | Arguments opposing |
Conservation of power over belongings or property upon death. | |
Inheritance can help to increase and/or maintain interest in personal property. | Inheritance may elude the realization of ultimate loss of personal property upon death. |
Ability to choose benefits and designate benefactors before death. | |
Inheritance can help to maintain individual’s power over personal property until death. | Inheritance may influence others' behavior merely due to their interest in potential benefits. |