Legal Question in Insurance Law in India
my brother a bachelor passed away recently leaving mother as the nominee for all his assets.I am elder sister with two daughters and i have a younger sister with a daughter.I want to know who are the class 1 heirs in this case.?my brother always wanted our mother and his neices (our 2 minor +1 major daughters ) to enjoy his money.please advice the legal way of procceding in this matter.what is the best way to reiceve the life insurance amount?
Asked on 6/13/12, 12:06 am
1 Answer from Attorneys
RAJIV GUPTA
(Cell: +91 9811284735) [email protected]
nominee is just a trustee and not the beneficiary. the money may be divided amongst mother and sisters.
Answered on 6/13/12, 11:07 am
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