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Nominee vs legal heir: Who gets your bank fixed deposits, PPF and mutual funds if you die without a will?

Nominee vs legal heir: Who gets your bank fixed deposits, PPF and mutual funds if you die without a will?

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A nominee helps banks and financial institutions settle investments after an account holder’s death. But what determines the final ownership of the assets? Full details here. 

✦ Single Source 1 news outlet reporting

Fact-Check & Bias Analysis

Reported by a single newsroom so far. Other outlets have not independently corroborated this story yet.

Coverage Bias Distribution

Based on 1 reporting publisher
Left / Center-Left 0 (0%)
Center 0 (0%)
Center-Right / Right 1 (100%)

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