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How will the assets received by Will be treated
06-May-2023 (In Property Law)
Will by late father the bank deposits and investments in financial institution are mentioned to the respective nominee.Legally does it become gift to the respective nominee? Goan Hindu
Where you have been mentioned as nominee in the bank accounts and investments in financial institution of the deceased, then you only have rights to claim such accounts and such receipts will be treated as property received through Will.
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Adv. Siddhant Sharma
Delhi | 200+ Answers
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