Cryptocurrency Q&A
What happens if a demat account holder dies without nomination?
What happens if a demat account holder dies without nomination?
CryptoEmpireGuard
Wed Dec 04 2024
|
7
answers
1589
I want to know what would happen to a demat account if the holder passes away and hasn't made any nomination for it.
7 answers
Michele
Fri Dec 06 2024
Instead, they are to be distributed according to the laws of inheritance.
Was this helpful?
180
87
Ilaria
Fri Dec 06 2024
This process involves determining the legal heirs of the deceased account holder.
Was this helpful?
110
42
Chiara
Fri Dec 06 2024
A court order is often required to officially recognize these legal heirs.
Was this helpful?
150
96
HanbokGlamour
Fri Dec 06 2024
When a Demat account holder passes away without naming a nominee.
Was this helpful?
84
58
MountFujiVista
Fri Dec 06 2024
The securities held in the Demat account are not automatically transferred.
Was this helpful?
398
30
Load 5 more related questions
