A succession is the action of substituting someone in something, so that hereditary succession occurs when the substitution occurs in an inheritance. Specifically, this occurs when one or more people replace another deceased in their legal situation and thereby acquire a set of assets and rights of the deceased.
On the other hand, inheritance is a set of assets, rights and obligations that are transmitted to the heirs of a person when he dies.
There are different types of inheritance:
- Presumed: before the death of the deceased.
- Open: when the culprit dies.
- Reclining: when there has not yet been acceptance by the heirs.
- Acquired: when the heirs express their willingness to make the inheritance theirs.
- Vacancy: when there are no heirs or they repudiate the inheritance.