1 article tagged Transmission.
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.