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Inheritance is the practice of passing on property, titles, debts, rights, and obligations upon the death of an individual. The rules of inheritance differ among societies and have changed over time.
So, my wife and I have been given power of attorney, and will be the executor of the estate, for her aunt. Said relation is in the final stages of inoperable cancer, so we're handling her affairs in these final days.
She has a decent amount of liquid assets that we're going to be tasked with...