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SRINIVAS (BUSINESS)     07 September 2016

Amount gifted

I  HAVE DEPOSITED   MY MOTHER’S  MONEY  IN MY WIFE ‘S NAME  ( wife as first depositor)  IN  E OR S (mother as second applicant)  MODE IN  BANKS AND COMPANY DEPOSIT   MATURES  IN  FUTURE  .  NOW MY  MOTHER NEEDS THAT  MONEY.WE ARE GOING TO  ABROAD .    HOW CAN  I HAND OVER MONEY IN LEGAL WAY  TO MY  MOTHERS NAME .  IS IT  POSSIBLE OF GETTING   POWER ATTORNEY   FROM  NOTARY PUBLIC  IS ENOUGH . IF YES    HOW LONG THE   POA   VALID ?  . IF ANY OTHER LEGAL PROCESS PLS EXPLAIN

 

THANKING YOU 



Learning

 3 Replies

Anup kumar   07 September 2016

Is this routed through account or cash ?

Anup kumar   07 September 2016

Go to bank with all the parties of fd anf put a request of pre clousre ,fd payout will naturally cone to first person ,after thar issue a cheque to your mother from your wife account .

Kumar Doab (FIN)     07 September 2016

Visit bank with original FDR to collect payment.


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