After you create an object template, other objects of the same type based on that template that you create will inherit the settings of the template.
When you set a property in an object template, choose from any setting available in a normal object, plus a "don't inherit" setting. This setting tells the template to allow that particular property to be changeable in the objects that are based on it. Otherwise, the property in the object inherits its setting from the template.
Any properties in an object that are inherited from a template are locked and can't be changed. When the value of a property is inherited, that property or its descriptive label is colored blue.