
So, you can just distribute your wealth to your offspring shortly before your death. Inheritance system is just convenient extension set up just in case you won’t be able to distribute it before your death. It all comes from right to own private property.






Not in my jurisdiction. All direct wealth transfers between parents and children are tax free here. You can literally give your house to your kid, and they are new owner for free.
Same with inheritance. Closest members of family pay no inheritance tax at all.