Banks are facing difficulties settling claims when multiple people are nominated on accounts. This is causing operational problems for fina...

Executing a Will in India is often more complex than believed, involving numerous institutions and documentation hurdles. Nominees do not a...

A bizarre incident from Odisha’s Keonjhar district has gone viral after a tribal man reportedly exhumed his deceased sister’s skeleton and ...

Not having a nominee in mutual funds or demat accounts doesn’t mean your investments are lost—but it can make access difficult for your fam...

As you embark on the journey of safeguarding your finances through insurance and bank accounts, appointing a nominee is a common practice. ...

Sebi has simplified the process of transferring securities from nominees to legal heirs by introducing a standard reason code ‘TLH’. Effect...

Nominees are appointed to receive funds upon someone's death, but they do not get to become ultimate beneficiaries of the same. While succe...

SEBI nomination rules: Revamped nomination rules for mutual fund and demat account comes into effect from today i.e. March 1, 2025. These r...

Public Provident Fund is a popular long-term savings scheme offering tax benefits and attractive interest rates. Here’s how nominees or leg...

Adding nominee in your bank account and other financial assets saves a lot money and time when money has to be claimed later when a person ...

While a nominee is only a custodian of your assets, choosing the right one can ensure that your legal heirs get their inheritance rightly a...

In the event of a Subscriber's death, her pension wealth shall be distributed among her nominees or legal heirs, as the case may be

It is known that one should nominate someone to receive the bank account money, fixed deposits, other financial assets after the death of a...

Life, health and vehicle insurance each come with their own set of rules for how the insurance cover will be dealt with after the death of ...

In 2016, the Bombay High Court laid to rest the position of a nominee versus a legal heir in relation to the shares of an Indian company.

The new Insurance (Amendment) Act has made the process of nomination simpler. Now the chances of a dispute in the event of the policyholder...

A nominee of an insurance policy is only a trustee of the sum assured, not the sole claimant, so says insurance companies in both life and ...