do shares transferred to nominees(my) account from deceased fathers a/c have any claim by (my) mother/brothers

Answer 1

No. The very fact these shares were your fathers self acquired property that were willed/nominated in your favour,hence no one else (your brothers or mother) has any right to claim over them.

Answer 2

Just for your guidance ::

"Nomination is not enough:

Whenever one opens a bank account or buys an asset, one fills up a nomination form along with it. Most of us believe a nomination means that the asset will be transferred to the nominee after the death of the asset owner. Nomination, however, simply means a right to receive the asset and not own it.

For instance, if you nominate your daughter for your flat, then your other children or wife can contest it in a court of law and, if they win, the asset will be divided according to law. Says Gautami Gavankar of Kotak Mahindra Trusteeship Services Limited, "Nomination, as per a Supreme Court decision, only indicates the hand which is authorised to receive the amount/property on payment of which the person paying gets a valid discharge of his liability.

Nomination only provides for the convenience of transferring the property in question from the name of the deceased to the nominee. The asset, however, can only be claimed by the heirs/ legatees of the deceased in accordance with the law of succession governing them". A nomination can, however, be useful when there is no possibility of contest - if there is only one beneficiary or if all the beneficiaries are in agreement about the nominations"

Full article available at http://www.rediff.com/money/2007/may/10will.htm

I feel depository is discharged of their duties once shares are transferred to the names of nominees. But nominees donot possess right of ownership automatically.

Still point requires to be checked from legal point of view. But I am aware of an case where the nominee was not paid amount of LIC policy due to legal dispute.

Answer 3

need more clarity

***
if the account was set up as joint with right of survivorship [in the US], then the contents of the account will normally pass directly to the surviving holder(s).

if it was not a "right of survivorship" account, it will not but instead becomes part of the estate of the deceased and is handled by his Executor.


Note: Estate tax law holds that if your father's estate proves taxable (at any level of government), that a survivorship account must bear it's pro-rata share of the estate tax due AND that the survivor(s) is personally liable for that pro-rata share of Estate tax. [same holds for retirement accounts and real estate that pass via survivorship and do not go through the estate of the deceased.] {plus share of costs to prepare and file this sort of tax return.}


does this help?

Answer 4

Denominations right this moment are many and numerous. the unique “mainline” denominations have spawned numerous offshoots which includes Assemblies of God, Christian and Missionary Alliance, Nazarenes, Evangelical loose, self sufficient Bible church homes, and others. some denominations emphasize average doctrinal ameliorations, yet greater many times they only supply categories of worship to in good condition the differing tastes and alternatives of Christians. yet make no mistake: as believers, we could be of one strategies on the necessities of the religion, yet previous that there is large deal of variety in how Christians could worship in a company placing. This variety is what reasons lots of diverse “flavors” of Christianity. A Presbyterian church in Uganda could have a variety of worship lots diverse from a Presbyterian church in Colorado, yet their doctrinal stand would be, for the main section, the comparable. variety is a robust subject, yet disunity isn't. If 2 church homes disagree doctrinally, debate and communicate over the be conscious may be referred to as for. this way of “iron sprucing iron” (Proverbs 27:17) is effective to all. in the event that they disagree on form and variety, in spite of the indisputable fact that, it particularly is advantageous for them to proceed to be separate. This separation, although, would not raise the accountability Christians could love one yet another (a million John 4:11-12) and finally be united as one in Christ (John 17:21-22).

Answer 5

really depends what the will said....but yes they should have
some claim to the assets...

its better to share and avoid trouble...