In legal terms, “descent” refers to the transmission of property or rights from one generation to the next upon the death of the owner, typically in accordance with laws of inheritance or succession. Descent can involve the passing of assets to heirs through intestacy laws when there is no valid will, or it can occur according to the terms outlined in a will or trust document. Descent laws vary depending on jurisdiction and can be influenced by factors such as familial relationships, the existence of surviving spouses or children, and the presence of any estate planning documents.
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This glossary post was last updated: 29th March 2024.
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