My parents are not putting my name as Nominee
Hi
My parents are not putting my name as Nominee in their bank accounts, they have 3-4 accounts, even in their joint account they have put my mom's name as Nominee, in one account they have not put any Nominee, I have not checked other accounts.
When I asked earlier they said they have put me as Nominee.
I thought of sending them my 20 lakhs to put as FD in their PSB bank account but now I will not send.
God forbid if they are not their then I will not be able to claim those money or account also, they have not given details about those accounts to me also.
Bad Parents are worse.
They think giving Birth in Hellhole country like Endia is best thing they did to me.
And now they are forcing me for marriage, some Endians are just Nasty
bro proving he is one of those Endians
Why deposit in your parents when you have your own, also are the parents are not supposed to depend on each other instead of their own kids
I thought I earn or they earn does not matter as we are one family, I wanted to send my money to them because I have habit of overspending, I wanted to send that money to them so that they can deposit in their FD, now after seeing that they have not put my name as Nominee and they don't intend to do that after repeated requests, i would not send my money..after them it will be near impossible to claim their accounts.. it is better that money remains with me...
Deposit in parents name earns higher interest rates plus possibility of no tax on interest if they not in bracket.
Abe nominee me nahi toh kya pata wasihat me likha hoga tera naam.... Itta mat ro... Dena hai toh de paisa warna uda de zuwari, "if,but" mat laga jyada
OP is definitely a woman.
Why FD of 20 lakhs get rid of financial advisors.1 thing you can do is ti keep money in equity savings scheme mutual funds. They invest little portion in equity roughly 15-30% rest in debt tax here wd be as per equity ltcg stcg redeem after 1 yr else tax wd be as per your slab.while in FD you get 6-7% an interest earned is taxed as per tax slab
You are the first one Ive seen crying for parents money atleast in corporate.
Dumbass if you're the legal heir you are automatically the nominee.
Just manage your own money by yourself. Why are you thinking about getting their money. pretend that you will never get their money, be a grown adult and stand on your own legs. Stop being so entitled. It's their money they can do whatever they want with it they don't owe you anything.
If you don't wanna get married grow a pair and say no. Nobody can force you into that. Now you'll go ruin someone else's life also
Endia?? Haramkor
Frustrated gareeb pro max .. lmao
Isn't it too early to think of what will happen to the accounts and their money when they aren't even retired folks? It's their money and their choice to nominate. My parents have done the same and I am happy about it. They do not want to depend on me in their old age. Plus it's a rare case that both your parents will die at the same time. Nominees can be changed at any time. So if they really do find you that worthy, you will become the nominee when one of them passes away. Would suggest you open and account in SBI or some PSU (process is very easy) and start your FDs there. The post really felt weird to read that a child is complaining because he/she does not seem to be getting the money of his parents, once they pass away. When you have 20L to put in FD, you should definitely not be eyeing their money. Also, RBI outlines processes where family members can access funds of deceased family members after submitting all required proofs.
