Nominee is not the owner of MF or bank accounts after the holder’s death: What determines who gets the money?

1 hour ago 1

Choosing a nominee for accounts or policies is crucial, but they only act as custodians until legal heirs receive assets. Final ownership is governed by wills and succession laws, not solely by the nominee. Here's what matters.

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Nominee is not the owner of MF or bank accounts after the holder’s death: What determines who gets the money?

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