LawRato

NOMINATION ISSUE WHEN NO LEGAL HEIR OR WILL BY THE BANK DEPOSITOR


08-Feb-2024 (In Family Law)
My brother who was a Church priest expired in Oct. 2023 and no heir or will was there on bank account/FD etc. I being his next close sister just 1 yrs younger to him was nominated at the bank account. On getting the death certificate applied to bank for the nominated amount. Now my other brothers and sisters are stressing to give my pass book and all accounts to calculate the amount and give all equal share. What the law or court order says. They are all abusing and threatening me to pay
Answers (2)

Answer #1
730 votes
The nominee gets the benefit of the monies left behind by the deceased for their nominees whole and sole use. If there was no nominee then they had a claim. Lodge a police complaint against your siblings who are threatening you and abusing you that way they will not interfere henceforth.
Helpful? LawRato LawRato
Advocate Ankith S Reddy

Adv. Ankith S Reddy

LawRato Bangalore / Bengaluru | 25+ Answers
Chat with Advocate Ankith S Reddy Chat 
Answer #2
958 votes
Dear Sir, Every law of succession defines the rules of distribution of property in case a person dies without making a will. The Christian Law of Succession is governed by the provisions in the Indian Succession Act. However, with respect to Indian Christians, the diversity in inheritance laws is greatly intensified by making domicile a criterion for determining the application of laws. Till January 1986, Christians in the State of Kerala were governed by two different Acts – those domiciled in Cochin were subject to the application of the Cochin Christian Succession Act,  while the Travancore Christians were governed by the Travancore Christian Succession Act. These two Acts have now been repealed and the Christians following these laws earlier are now governed by the general scheme of inheritance under the Indian Succession Act
Helpful? LawRato LawRato
Advocate Kishan Dutt Kalaskar

Adv. Kishan Dutt Kalaskar

LawRatoBangalore / Bengaluru | 1000+ Answers
Chat with Advocate Kishan Dutt Kalaskar Chat 

Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.

Report abuse?

Connect with top Family lawyers for your specific legal issue
Connect with a Lawyer
Comments by Users

No Comments! Be the first one to comment.

"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."

All Answers

Googling your legal issue online?

The internet is not a lawyer and neither are you.
Talk to a real lawyer about your legal issue.

LawRato