Flat nomination
Querist :
Anonymous
(Querist) 12 July 2011
This query is : Open
My mother owns a flat in Mumbai jointly with 50% shares in her name and 50 % shares in my father’s name. My parents now wish to submit a nomination which should be in such a way that after whoever passes away first (either my father or my mother), the nomination should be my elder brother who is married and has 2 children since he earns the bread for our family. My father is retired, my mother is a housewife and I am yet single, due to personal and health reasons I have decided not to marry.
In such an event, my parents want my name to be considered for second nomination. For e.g. after one of my parents, say my father, if passes away first, my brother will be the first nominee, which will mean thereafter my mother (survivor owner) will be 50% owner with my brother as a co-owner. Now my query is, tomorrow after my mother if I have to be nominated, can this happen? Or the nomination can go to my brother’s wife? To avoid any inconvenience for me, my parents want to nominate me as the second nominee without my sister-in-law taking any kind of objection. In such a case can my sister-in-law claim to be a nominee after my parents (both – father n mother) pass away or legally I can be the nominee?
Can you please advise how should we plan the second nomination, in event of the death of the second owner.
