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An order, line or right of succession is the line of individuals necessitated to hold a high office when it becomes vacated, such as head of state or an honour such as a title of nobility. [1] This sequence may be regulated through descent or by statute. [1] Hereditary government form differs from elected government.
Inheritance is the practice of receiving private property, titles, debts, entitlements, privileges, ... Some cultures also employ matrilineal succession, where ...
Inheritance can be organized in a way that its use is restricted by the desires of someone (usually of the decedent). [160] An inheritance may have been organized as a fideicommissum, which usually cannot be sold or diminished, only its profits are disposable. A fideicommissum's succession can also be ordered in a way that determines it long ...
Agnatic seniority is a patrilineal principle of inheritance where the order of succession to the throne prefers the monarch's younger brother over the monarch's own sons. A monarch's children (the next generation) succeed only after the males of the elder generation have all been exhausted.
The grey square is the current holder of the property, the black squares are deceased, the numbers indicate his potential successors in order of succession as things stand. Ultimogeniture , also known as postremogeniture or junior right , is the tradition of inheritance by the last-born of a privileged position in a parent's wealth or office.
Calculating estate taxes: The estate tax is calculated on a graduated scale, meaning that the tax rate increases as the value of the estate increases. For example, the federal estate tax rate ...
In inheritance, a hereditary successor is a person who inherits an indivisible title or office after the death of the previous title holder. The hereditary line of succession may be limited to heirs of the body, or may pass also to collateral lines, in case of extinction of heirs of the body, depending on the succession rules.
Patrilineal or agnatic succession gives priority to or restricts inheritance of a throne or fief to male heirs descended from the original title holder through males only. Traditionally, agnatic succession is applied in determining the names and membership of European dynasties .