Status of joint holder

I have all my investments including bank accounts and Flat in the joint name with my wife. There is no contribution for purchase of flat or investments from my wife. I have added her name as joint holder. What is her right as the joint holder.

I would like to know whether the Flat, other investments and bank deposits will be automatically transferred to her on my death or I have to make the will for the same.   


In case of bank account, operating instructions have to be seen.  If it is 'severally or survivor', then upon death of one person, the other can continue to operate the account. 

As regards property, 2nd person is the co-owner to the extent of half share. 


For bank,she will become sole owner after death.

for property,your share will go to you legal heirs,i.e.mother,wife & children.




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