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Manjulanathan (Personal)     07 March 2012

Sole nominee of deceased in-laws

 

My Wife's Mother & Father made some Fixed Deposits & PPF accounts on their name with My Minor Daughter as Sole Nominee & My Wife as Guardian on Behalf of Minor.

 

Now they were expired and these Fixed Deposits & PPF accounts got Matured. My Minor Daughter being Sole Nominee can get all this Money. If so, what is required?

 

My Wife has other Brothers & Sisters. Will they also get share in Fixed Deposits & PPF accounts for which My Minor Daugter is Sole Nominee...

 

Please Advice...

 

Manjulanathan



Learning

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