Have you ever heard your parents or any senior citizen relative say, “Maybe we had invested some money in some FD, or we had heard the name of some policy, but now we don’t remember?” This is not new; forgotten investments by senior citizens are a widespread problem. Over time, documents are lost, companies merge, […]
Many people believe that inheriting investments, especially shares and securities, is an easy way to gain wealth. However, the legal issues involved in transferring shares, especially in joint accounts, can be very complex. Understanding these processes is crucial to protecting your rightful inheritance and making sure everything is done legally. It helps avoid conflicts and […]
The emotional distress of losing a member of the family can often be compounded by the legal and financial issues that arise immediately after the death. One of the regular problems families’ faces is access to bank accounts and other financial assets of the deceased, particularly when there is no valid will or clear nomination […]
After the tragic event of the death of your loved one, inheriting their property or assets is an emotionally tough affair. Even the legal formalities after the death of an individual seem hard, it’s important to understand “Probate of a Will” to its core. Mostly in India, family wealth is transferred from one generation to […]
Unclaimed dividends are a hidden treasure trove for many investors, who remain unaware of such unclaimed fragments resting with the companies. Over the years, the estimated collective figures of dividend money have gone unclaimed. Reportedly, more than Rs. 4,000 crores are lying in the accounts of listed Indian companies, and more than Rs. 10,000 crores […]
Imagine a situation where you have to make a quick financial transaction and your name mismatches in the Share Certificate. This situation hinders your recognition of ownership in the share. There can be various reasons for an individual to change their name to another, different from the KYC documents about which we will later talk […]
The death of a shareholder can naturally lead to confusion and complications in the transfer of shares. This calls for prior precautionary measures. Especially when the shareholder dies without having appointed a nominee, it creates problems for the nominees/legal heirs who want to claim the assets. Shares Transferred Without Appointing Nominee can cause legal delays […]
When a person dies, the family or heirs usually find themselves in a tough position to settle claims to the assets left by the deceased, such as properties, bank accounts, or insurance claims. This requires a Legal Heir Certificate. A legal heir certificate is an official proof of the relationship between the deceased and their […]
Did you know that there might be some money waiting there for you, which you had not claimed? Many investors forget their earned dividends when they have moved to another address or have not updated their details with their stockbroker. Due to this reason, a large amount of unclaimed money, roughly around Rs,50,000 crores, is […]