When does your MF, bank account or EPF nominee become outdated? Here's why you should periodically review it
· livemint.com
It is vital to update nominee details after major life changes to align your previous choice with your current wishes and also prevent complications for legal heirs later if they want to claim the assets. Here's when you should consider updating it.
When you invest in a mutual fund, buy an insurance policy, open a bank account, or even get an EPF membership after joining the workforce, picking a nominee is ...