Your Child Is Your Nominee. Here's Why That's a Problem.
Naming your minor child as nominee seems obvious. But when you're the only parent, who receives the money on their behalf? And can you do better than a simple nomination?
All our articles about legal. Practical guides for Indian families.
Naming your minor child as nominee seems obvious. But when you're the only parent, who receives the money on their behalf? And can you do better than a simple nomination?
From guardianship rights to adoption rules to maintenance claims, here's the legal reality for single mothers in India. No jargon. Just what you need to know.
How to file a motor accident death claim at MACT in India. Compensation formula, documents needed, step-by-step process, and what families should know.
Yes, a nominee can refuse - but it's legally wrong. Here's what legal heirs can do, what courts have ruled, and how to prevent this problem altogether.
No. A nominee is a custodian, not an owner. Here's what the Supreme Court says and what happens if a nominee tries to sell without heir consent.
Yes, a nominee can withdraw funds without a succession certificate. But they're legally required to share with legal heirs. Here's what happens if they refuse.
When a bank account holder passes away without naming a nominee, the family faces a longer, more complex claim process. Here's what happens, what documents you need, and how to avoid this situation.
Joint accounts give immediate access, but that's not the same as ownership. Here's what the law says about who actually gets your money when you die.
When a co-borrower dies, the surviving borrower becomes responsible for the entire EMI. Here is what the law says, what banks do, and how to protect your family.
When both parents die, who takes care of the children? Who manages their money? Here is what Indian law says about guardianship, inheritance, and what you can do now to protect your kids.
When your named nominee dies before you, the nomination becomes void. Here is what happens to your accounts and how your family can still claim them.
Naming your child as nominee seems like the right thing to do. But without an appointee, your family faces delays and court processes. Here is what you need to know.
When someone leaves behind multiple wills, which one is valid? Indian law has clear rules about revocation - but disputes can still arise. Here is how courts decide.
When the original will cannot be found, is everything lost? Indian law allows probate using secondary evidence - but the process is challenging. Here is what you need to know.
When an Indian citizen dies abroad, families face embassy procedures, body repatriation costs, and cross-border asset claims. Here is everything you need to know - before you need to know it.
Store what matters. Share with who matters. That is it.