FLAT 20% OFF and 3-Months ADDED Validity on All Courses Absolutely FREE! Enroll Now Use Code: INDIA20
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Bank fixed deposits amount by wife

(Querist) 26 September 2019 This query is : Resolved 
My wife has a bank fixed deposits after marriage. Nominee is her father. Who will get this fixed. I am legal hier of her.
Prabhat (Querist) 26 September 2019
Pl clear this My wife has a bank fixed deposits after marriage. Nominee is her father. Who will get this fixed. I am legal hier of her.
SHIRISH PAWAR, 7738990900 (Expert) 26 September 2019
Dear Prabhat,
Even if nominee is your wife's father only legal heirs are entitle for the bank deposit.
Regards,
Isaac Gabriel (Expert) 26 September 2019
You need not bother. If the depositor is not alive at the time of maturity, then only the heirship arise.
P. Venu (Expert) 26 September 2019
The query suggests no real time problem. You should look forward to a happily married than thinking over inheriting her properties.
sanjeev kumar goel (Expert) 26 September 2019
Dear Prabhat if your wife is alive then why are you so worried about nominee in her fixed deposits after marriage? Claim of nominee comes just after the death of the account holder or the depositor. If wife is alive then enjoy your married life happily and next time when you get these fixed deposits renewed then request the bank to change the name of nominee if your wife agrees.
kavksatyanarayana (Expert) 26 September 2019
JI, yes. after maturity it will go to the depositor or his/her legal heirs.
Dr J C Vashista (Expert) 28 September 2019
Succession can be considered and decided only after death of depositor. Donot worry when your wife is alive.
It would be better to consult a local prudent lawyer for appreciation of facts/documents, guidance and proceeding if you feel strong about your apprehension, if any.


You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :





Post a Suggestion for LCI Team
Post a Legal Query