I am the only offspring of my parent. My mother and I both are legal heir of this property . My father died 3 years back leaving a saving account and fixed deposit. He had given my name as a nominee in FD but not in saving account. Before dying he had transferred whole amount of FD to saving account. Can I claim amount of both saving account and FD as a nominee in FD?

Question

I am the only offspring of my parent. My mother and I both are legal heirs of this property. My father died 3 years back leaving a saving account and fixed deposit. He had given my name as a nominee in FD but not in saving account. Before dying he had transferred whole amount of FD to saving account. Can I claim amount of both saving account and FD as a nominee in FD?

NK Vishwakarma 1 Answer 174 views
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Answer ( 1 )

  1. instalegal
    0
    2021-02-22T16:52:21+05:30
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    No you cannot. This amount would be distributed between ur mother and you equally being legal heirs of deceased. You have to submit a form with the bank to release the amount to legal heirs . Bank may ask you to get the succession certificate from the court for releasing of this amount.

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