Image for Right of Succession

Right of Succession

The Right of Succession refers to the legal principles that determine who inherits property, titles, or rights when someone passes away. It ensures a structured process for transferring ownership, typically following laws or a person's wishes outlined in a will. This right can differ based on jurisdiction, often prioritizing close relatives like spouses or children. In essence, it provides a framework for determining who continues to hold an estate or asset after the original owner is gone, thereby preventing disputes and ensuring orderly transitions of wealth or responsibilities.