Know The Difference Between A Nominee And An Heir; Who Gets Property After Owner’s Death – Top Speed News
Curated By: Business Desk Last Updated: September 11, 2023, 13:14 IST Nominees and legal heirs are separate parties. A nominee can be a legal heir if they are nominated for assets and mentioned as the rightful legal heir in a will. Finance Minister Nirmala Sitharaman recently urged banks to ensure nominee names are recorded in…