Inheritance refers to a legal system that transfers the property left by the deceased to others in accordance with the law from the time when the property owner dies or is declared dead.
Legacy refers to the property and property rights left by the deceased. The deceased who leaves property is called the decedent. Those who inherit or have the right to inherit are called heirs.
Inheritance right refers to the right of heirs to obtain inheritance right according to law.
The subject of inheritance right is citizen (natural person). According to the Inheritance Law of People's Republic of China (PRC), spouses, children and parents belong to the first order of inheritance. Heirs in the same order should generally inherit the same share of the estate. But under special circumstances, the share of heirs in the same order is not absolutely equal. Heirs who have special difficulties and lack the ability to work should be taken care of when distributing their inheritance. If the heir has fulfilled the main obligation of support to the decedent or lived with the decedent, he can get more points in the distribution of the estate. If an heir who has the ability and conditions to support fails to perform the obligation of support, he shall not divide or divide the estate.
The object of inheritance right is the inheritance of the decedent. Legacy includes the property and property rights left by the deceased. The inheritance system established by China's inheritance law is a simple property inheritance system. According to the provisions of China's "People's Republic of China (PRC) Law of Succession", heritage is the personal legal property left by citizens when they die, including: (1) citizens' income; (2) Houses, savings and daily necessities of citizens; (3) Citizens' trees, livestock and poultry; (4) Cultural relics, books and materials of citizens; (five) the means of production that the law allows citizens to own; (six) the property rights in the copyright and patent rights of citizens; (seven) other legitimate property of citizens, such as personal contract income.