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Nikhil SHETTY   10 February 2021

Will on fixed deposit accounts?

My grand mother as an fixed deposit account in post office. she wishes to give the full amount in the account after her death. she as 2 daughters and 2 sons and doesn't want to get distributed among children's

Here my question does making a will goes well in favour of me without objections from there children's or any other option which goes better than this?

please suggest me on this?


Learning

 3 Replies

Real Soul.... (LEGAL)     10 February 2021

She can nominate you as sole benificiary in post ofice and also she can make any will as the amount is her owned  . If she makes a will for her any of owned property or amount she don' need anyone else's consent or any approval..

Nikhil SHETTY   10 February 2021

Thank you for your reply

Pradipta Nath (Advocate)     10 February 2021

The essence of will is to distribute self acquired property of his/her choice after death even if it is to a man of straw and alienate others. Your grandmother can make a will. 

On the other hand nomination as stated by many judicial pronouncement to be positioned as trustee who is in duty bound to distribute the property to the legal heirs after death.


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