Succession
5 articles tagged Succession.
Nominee vs Legal Heir for NRIs India 2026: Bank, MF, EPF, Insurance, Property — Asset-by-Asset
The single most-confused estate-planning topic in India: is the nominee the legal owner or just a trustee? It depends on the asset class. Bank deposits, MF folios, and demat — nominee is trustee for legal heirs. Insurance with a beneficial nominee — nominee may become legal owner. Property — nomination does not transfer title at all. The 2026 NRI-focused asset-by-asset map of what nomination really does, what it does not, and the actual transmission process at each financial institution.
Nominee vs Legal Heir India 2026: Why They're Different + Asset-by-Asset Rules
Naming a nominee doesn't "take care of" succession — for most assets the nominee is a trustee. The honest 2026 guide, asset by asset, and why you need both a nominee AND a will.
Family Pension After Death of Pensioner India 2026: Govt + EPS + Private Annuity Claims
Family pension rules differ across govt, EPS-95 and private annuity — and families lose money by not knowing what they're entitled to. The honest 2026 claim guide for each.
Will Writing Online India 2026: Step-by-Step Guide + Free Template + When You Need a Lawyer
65% of Indians die intestate. A valid will takes 30 minutes and costs ₹0-₹3,000. The honest 2026 guide — components, DIY vs platform vs lawyer, registration and probate.
How to Add or Change a Nominee in Your Bank Account (India 2026)
A nominee makes settlement smooth — but a nominee is a custodian, not always the legal owner. Here's how to add, change or cancel one, and why you still need a will.