Prepare a Will to meet specific conditions of each investment1 min read . Updated: 16 Jan 2019, 09:47 AM IST
Prepare a 'Will', which shall comprehensively deal with your wishes post your demise and provide the details in respect of all your movable and immovable assets.
I am 32 years old and I want to allocate my pension fund, insurance and savings account fund (for which nomination is there already) to be given to my 2 daughters in equal proportion when they turn 25 with the following conditions: In case if anything happens to one of them prior to attaining 25 years of age, then her share should go to the other living daughter. If both die before 25 years, then entire money should go to an NGO working for girl children. Another question, there is nomination facility in certain funds like savings account, insurance, pension funds, etc. How can we include the above conditions?