Wages of sin is death? Not necessarily. We Muslims don't believe that for any sin we deserve death.
Ask God for forgiveness as God is the most merciful, it's pretty evident if we are sincere in our repentance God will forgive us as he is The forgiver, the most merciful, the most compassionate.
We don't believe in blood sacrifice/human sacrifice. Simply asking forgiveness and repentance is enough. Only certain types of sins that become publically manifested such as murder, rape, adultery, etc... are punishable, but we do not need to face death for sins. Ultimately God can forgive all sins except idolatry/associating partners with Him/worshipping the creation as opposed to the creator.
We certainly are born pure as children and don't have to be responsible for sins that some ancient dude be it Adam (pbuh) or great grandfather did.
Islam teaches responsibility and accountability. If your ancestors did something, they will be held accountable by God. If you do something, past, present or future people should not be accountable for what you personally do. Everyone is therefore justly delat with