What does it mean that believers have received an inheritance in Christ?

Receiving an inheritance in Christ means that believers are co-heirs with Him, sharing in all the blessings of salvation and eternal life. Ephesians 1:11 illustrates this by affirming that we have obtained an inheritance, sealed with the Holy Spirit. This inheritance is rich, full of grace, encompassing forgiveness, righteousness, and the hope of eternal life. Moreover, Romans 8:32 emphasizes that if God did not spare His own Son but delivered Him up for us, He will freely give us all things. Therefore, our inheritance is not based on our merits but solely on the finished work of Christ, paving the way for us to access the fullness of His grace.