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Tax & ComplianceLiveMint — Money

Nominee vs legal heir: Who gets your bank fixed deposits, PPF and mutual funds if you die without a will?

12 Oct 2026 · 2d agoSource: LiveMint — Money

A nominee helps banks and financial institutions settle investments after an account holder’s death. But what determines the final ownership of the assets? Full details here. 

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This digest is published with acknowledgment to LiveMint — Money. For the complete analysis, headnotes, and citations, please refer to the source.

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