A nominee is typically an individual who has been designated by the asset’s owner to be entitled to his asset in the case of the owner’s death. The title, the property, and the benefits all accrue to the nominee in such a case. In cases when the nominee is not mentioned, things begin to get even more complicated. In such a case, all natural legal heirs of the deceased must meet and come to a consensus about how to handle the transmission of shares: https://infinysolutions.com/transmission-of-shares/
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Transfer and Transmission of Shares

Uploaded 2 years ago

A nominee is typically an individual who has been designated by the asset’s owner to be entitled to his asset in the case of the owner’s death. The title, the property, and the benefits all accrue to the nominee in such a case. In cases when the nominee is not mentioned, things begin to get even more complicated. In such a case, all natural legal heirs of the deceased must meet and come to a consensus about how to handle the transmission of shares: https://infinysolutions.com/transmission-of-shares/

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