Nominee or Legal Heir — are they really the same?
A common misconception is that nominating someone means they will ultimately inherit your money. In many cases, nomination is primarily a mechanism for receiving or holding the asset, while the ultimate entitlement is governed by succession law and the applicable legal documents.
A simple two-step approach:
1. Make a Will
2. Review and align your nominations with your estate plan
Estate planning is not only about wealth—it is about clarity, continuity and avoiding unnecessary disputes.
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Your Nominee Has No Right to Your Money: Understanding Nomination vs. Inheritance
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