“Resale” does not include the first transfer of ownership of the artwork (irrespective of whether the first transfer of ownership was made for money or other consideration).
However, if you decide to sell an artwork that was gifted to you or inherited by you, and the criteria for a qualifying resale is met, then a royalty will be due.
You can check if there has been a qualifying resale on our flowchart here: Is there a “qualifying resale”?: