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Regarding nominee rights in fd who is also a legal heir
13-Aug-2023 (In Property Law)
My father passed away this year in April.He made some fds and made my brother a nominee in that.. I want to know can I claim my share in the fds
If father have died intestate without leaving any will, then in all his assets you hold your equal share alongwith your mother and siblings. Even for claiming FD, you can seek your share. For any further legal assistance please feel free to contact
Thanks
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Adv. Bhawana Pandey
Delhi | 1000+ Answers
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Nominee doesn’t hv any right in the FD or anything ..he is just a care taker to distribute the amount to legal heirs ..yes I’m your case u r one of the legal heirs n hv equal rights ..plz b in touch ….
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Adv. D. Khan
Delhi | 1000+ Answers
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Yes, you can definitely claim your share in the said FDs. The role of the nominee is just as same as that-of a trustee. You and your brother both are class- 1 legal heirs to your father. Therefore, you both have equal right over the said FDs and all other properties, if any.
For any further legal assistance, please feel free to contact.
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Adv. Jia Kapur
Delhi | 200+ Answers
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