Longman Dictionary of Contemporary English homepage

preheritance

 noun
     
pre‧her‧i‧tance [uncountable and countable]
money or property that you receive from a member of your family while they are still alive rather than after they die, so that you do not have to pay tax on it [↪ inheritance]
Definition from the Longman Dictionary of Contemporary English
Advanced Learner's Dictionary.
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