i want the answer for legal purpose.
2006-09-22 05:36:15 · 5 answers · asked by shakti s 1 in Politics & Government ➔ Law & Ethics
A nominee may or may not be the legal successor of the deceased. He is just the custodian of the property. The property will be devolved upon all the legal heirs proportionately in absence of any written will.
2006-09-22 20:05:32 · answer #1 · answered by Seagull 6 · 0⤊ 0⤋
No. absolutely not!! This is a part of the deceased person's estate, and as such the probator of the will is the one who determines what happens to the money in accounts owned by the deceased. If you touch money you are a nominee for you are stealing that money and can be prosocuted, and probably will be, by the person who is the probate. This has very explicit legalities and must be followed to the letter of the law. If the person who is probater of the estate does NOT take legal actions against you, s/he is apt to be eligable for legal actions against him/her by the benificeries of the will. If there is not a will, it is up to the state to determine who is in line of inheritance, which is usually minor children, adult children, then parents, then siblings, usually in this order. If there is not any family then grandparents and uncles/aunts, and cousins are considered. If there is nobody it all goes to the state or federal government. Touch it at your own peril. Don't say you were not warned!!!!
2006-09-22 05:47:43 · answer #2 · answered by Serenity 7 · 0⤊ 0⤋
yes
2006-09-25 21:33:10 · answer #3 · answered by doctor asho 5 · 0⤊ 0⤋
what state?
2006-09-22 05:54:28 · answer #4 · answered by Anonymous · 0⤊ 0⤋
yes.
2006-09-22 05:43:45 · answer #5 · answered by Anonymous · 0⤊ 0⤋