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The Economic Times

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My relative had a joint demat account: Can the nominee be changed after death?

ET Wealth Reader's Query: A relative had a joint demat account with his wife, though all the investments were made by him. He had no children and had made three of his nephews nominees and mentioned that in his registered will too. After his death, his wife replaced the nominees with her sisters son. Is this valid?

17 Mar 2026 12:53 pm