{"id":10120,"date":"2021-02-19T17:18:26","date_gmt":"2021-02-19T11:48:26","guid":{"rendered":"https:\/\/www.mintyapp.in\/blog\/?p=10120"},"modified":"2021-07-02T10:15:59","modified_gmt":"2021-07-02T04:45:59","slug":"will-vs-nomination-vs-joint-holding","status":"publish","type":"post","link":"https:\/\/blog.fintoo.in\/blog\/will-vs-nomination-vs-joint-holding\/","title":{"rendered":"Will vs Nomination vs Joint Holding"},"content":{"rendered":"\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"Will vs Nomination vs Joint Holding - Friday First Cut  Episode 10\" width=\"940\" height=\"529\" src=\"https:\/\/www.youtube.com\/embed\/x85u7zSpqjI?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen class=\"no-lazyload\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>How to ensure that our loved ones are protected even when we are not there with them? We need to make sure that they are taken care of even after an unfortunate event of death. <\/p>\n\n\n\n<p>Will: Will allows the testator to explicitly assign and allocate the assets to the person whom he wants to bequeath the wealth. Will should be dated, signed and should be written in a sound mind which requires the medical certificate to the effect. If there are multiple Wills then the latest one would be held as a valid and effective Will. <\/p>\n\n\n\n<p>Nomination: Nominations are necessary in case of bank account, policies, mutual funds, Demat account etc. In case there is no nomination or in case there is a different nominee and different beneficiary in Will, then a legal dispute arises. <\/p>\n\n\n\n<p>Joint Holdings: In case, it is already known that an asset should go to a particular person, then it is better to have joint ownership. <\/p>\n\n\n\n<p>Stay tuned for our upcoming videos on Checklist for successful Estate Planning&#8230;&#8230;.<\/p>\n\n\n\n<p><em>A financial planning platform where you can plan all your goals, cash flows, expenses management, etc., which provides you advisory on the go. Unbiased and with uttermost data security, create your Financial Planning without any cost on:&nbsp;<a href=\"http:\/\/bit.ly\/Robo-Fintoo\" target=\"_blank\" rel=\"noreferrer noopener\">http:\/\/bit.ly\/Robo-Fintoo<\/a><\/em><\/p>\n\n\n\n<p><em>To Invest and keep regular track of your portfolio download: Fintoo App Android&nbsp;<a href=\"http:\/\/bit.ly\/2TPeIgX\" class=\"broken_link\">http:\/\/bit.ly\/2TPeIgX<\/a>&nbsp;\/ Fintoo App iOS&nbsp;<a href=\"http:\/\/apple.co\/2Nt75LP\">http:\/\/apple.co\/2Nt75LP<\/a><\/em>\u2018<\/p>\n\n\n\n<p><em><strong>Disclaimer:<\/strong>&nbsp;The views shared in blogs are based on personal opinion and does not endorse the company\u2019s views. Investment is a subject matter of solicitation and one should consult a Financial Adviser before making any investment using the app. Making an investment using the app is the sole decision of the investor and the company or any of its communication cannot be held responsible for it.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>How to ensure that our loved ones are protected even when we are not there with them? We need to make sure that they are taken care of even after an unfortunate event of death. Will: Will allows the testator to explicitly assign and allocate the assets to the person whom he wants to bequeath [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[809],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Will vs Nomination vs Joint Holding - Fintoo Blog<\/title>\n<meta name=\"description\" content=\"How to ensure that our loved ones are protected? One needs to make sure that there loved ones are taken care of post unfortunate event.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blog.fintoo.in\/blog\/will-vs-nomination-vs-joint-holding\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Will vs Nomination vs Joint Holding - Fintoo Blog\" \/>\n<meta property=\"og:description\" content=\"How to ensure that our loved ones are protected? 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