Cryptocurrency Q&A What happens if a demat account holder dies without nomination?

What happens if a demat account holder dies without nomination?

CryptoEmpireGuard 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. What happens if a demat account holder dies without nomination?

7 answers

Michele Michele Fri Dec 06 2024
Instead, they are to be distributed according to the laws of inheritance.

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Ilaria Ilaria Fri Dec 06 2024
This process involves determining the legal heirs of the deceased account holder.

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Chiara Chiara Fri Dec 06 2024
A court order is often required to officially recognize these legal heirs.

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HanbokGlamour HanbokGlamour Fri Dec 06 2024
When a Demat account holder passes away without naming a nominee.

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MountFujiVista MountFujiVista Fri Dec 06 2024
The securities held in the Demat account are not automatically transferred.

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