Named a nominee for your investments? Know when legal heirs can still claim a share in your mutual funds, shares
Naming a nominee for mutual funds, shares or demat investments does not automatically make them the final owner after your death.
Legal heirs can still claim their share, while a valid Will generally determines who ultimately inherits the investment.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.livemint.com — the content belongs to LiveMint - Money.
