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What is Islam's view on Islamic law of inheritance inherited property ?

What is Islam's view on Islamic law of inheritance inherited property ?

In the light of the above-mentioned definition of classes, it may be truly said that there has never been a class system in Islam. This can be clearly seen from the following facts:
There are no laws in Islam which aim at keeping the property in the hands of particular persons. The Holy Qur'an plainly says: ''In order that if may not merely make a circuit between the wealthy among you" (Iix: 7). Therefore, Islam made laws that ensured continual fragmentation and redistribution of wealth. According to the Islamic law of inheritance, inherited property should be distributed among a large number of persons.
An inheritance is never passed on to a single person except in the very rare case where such a person has no brothers, sisters or any other kindred. Even in such rare cases, Islam took the neces­sary precautions by prescribing that a portion of the inheritance should go to the deprived people who are not related to the dead man. This provision may be regarded as a predecessor of modern inheri­tance tax. The Holy Qur'an prescribed that "if at the time of division (of inheritance) other relatives or orphans or poor are present, feed them out of the (property) and speak to them words of kindness and justice" (iv : 8). It was in this way that Islam solved the problem resulting from the accumulation of property. Property goes to individuals as such and not as members of a particular class, because when they die the property will be redistributed according to new proportions. History bears witness that property in the Islamic society was constantly changing hands without being confined to a particular faction of the nation.


http://www.islambasics.com/view.php?bkID=157&chapter=6