Reducing reliability on inheritance

Agrawal, Kartik (2023) Reducing reliability on inheritance. [Working papers (or Preprints)]

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Abstract

Primogeniture has been historically practiced through the beginning of human life. It has formed the very basis of Inheritance structure that we see in existence now a days. Concept of Inheritance though beneficial in some ways yet is inherently disadvantageous to many through unequal start in form of access to resources. Based on this point is it even possible to even imagine a structure that halts inheritance structure to a certain point that its almost non-existent? This paper looks at history and present to find out if such a structure existed what was the outcome that it led to. It also addresses common arguments that are floated to support inheritance structure and indicates logically fallacy in those arguments and provides an answer why ‘without inheritance’ the society can achieve its true productive capabilities. It also looks at various measures and practices that are adopted by countries to tackle the accumulation of wealth problems and critically analyses those positions. In the end the paper will try and point out certain points that must be kept in mind to actually curb the growing reliance of inheritance and why it is best to remove the concept from the society itself

Item Type: Working papers (or Preprints)
Keywords: Inheritance | Primogenture | Equal Opportunities | Wealth Tax
Subjects: Social Sciences and humanities > Social Sciences > Social Sciences (General)
Social Sciences and humanities > Social Sciences > Law and Legal Studies
JGU School/Centre: Jindal Global Law School
Depositing User: Subhajit Bhattacharjee
Date Deposited: 18 Nov 2023 21:01
Last Modified: 18 Nov 2023 21:01
Official URL: https://dx.doi.org/10.2139/ssrn.4452972
URI: https://pure.jgu.edu.in/id/eprint/6926

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