Distributions of assests.
Nirmal
(Querist) 30 April 2013
This query is : Resolved
My father had a demat account with me as second holder and my wife as third holder.
In his will, he had distributed his stocks as 40 % to me and my wife and 10 % to my 2 minor kids.
How do i do the transfer.
ajay sethi
(Expert) 30 April 2013
on death of your father demat account will have to be closed . open a fresh demat account in name of the beneficiaries .