Can I add all my children as nominees for my bank accounts and locker, and do I still need a will?

1 hour ago 1

Until recently, families faced a frustrating, decades-old hurdle: the single-nominee limit. The Banking Laws (Amendment) Act, 2025, which came into force on 1 November 2025, changed that.

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Can I add all my children as nominees for my bank accounts and locker, and do I still need a will?

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