In strict legal usage, to acquire property by
intestate succession; commonly used to mean
acquiring property either by intestate succession
or by will.

Merriam-Webster Online Dictionary
inherit (verb)
transitive verb
1.
to come into possession of or receive especially as a right or divine portion - and every one who has left houses or brothers or sisters … for my name's sake, will receive a hundredfold, and inherit eternal life Matthew 19:29 (Revised Standard Version)
2.
a) to receive from an ancestor as a right or title descendible by law at the ancestor's death
b) to receive as a devise or legacy
3.
to receive from a parent or ancestor by genetic transmission - inherit a defective enzyme
4.
intransitive verb
to have in turn or receive as if from an ancestor - inherited the problem from his predecessor to take or hold a possession or rights by - inheritance
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