Have investments across mutual funds, stocks and FDs? Here’s how to ensure your family can find them after your death | Mint

Key Statutory Highlights

• Experts suggest keeping one consolidated record of bank accounts, demat accounts, mutual funds, fixed deposits, insurance policies and investments held through apps, ideally in an Excel sheet.
• The inventory should carry account or folio numbers, platform names and nominee details, and be kept updated and securely accessible to the family.
• A nominee is only a custodian of the assets, so investors should also have a registered will, and the will's beneficiary should match the recorded nominee.