Deceased person internet banking Deceased person internet banking

2 years ago

My grandmother (my mom's mom) passed away 29-May. I was managing her financial accounts and she has given all her account details to me. I have transferred amount from her account to my mom' account yesterday. But after reading through the legal issues, i have deposited the amount back to my grandmother' account.

There is another legal heir to my grandmother. Though i deposited the amount, will there be an issue for using the account after her death?

Please suggest and help me to be proactive.

Ayantika Mondal @ Prime Legal

Responded 2 years ago

A.Hello, since your grandma freely gave you her bank account information and other details, there should be no issues with money being misappropriated. However, you must investigate the legal heirs, including her surviving wards and family members, make a family tree if needed who are legally entitled to a piece of her property. It is advisable to visit an attorney and talk to other members regarding this issue.
Thank you very much.
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Anik

Responded 2 years ago

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A.Hi,
since your grandmother has entrusted you with the bank account details voluntarily there should not be any problem regarding the issue of misuse of funds. However, you have to look into the legal heirs who are legally entitled to the share of her property including her remaining wards and family members.
Thank you.
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Pardeep Kumar Dhiman Dhiman

Responded 2 years ago

A.Aap ki intention sahi hai. Kuch nhi hoga. But after death your grandmother jo uske successor hai uske brabar adhikari honge.
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Kishan Dutt Kalaskar

Responded 2 years ago

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A.Dear Sir,
Be positive. Nothing will happen.
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Abhimanyu Shandilya

Responded 2 years ago

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A.There are two ways to look at this. One what you did was to safeguard the interest of the family and to ensure that the money remains intact and doesn't get misused or alienated otherwise. Second you did not have the intention to gobble up the money and hence you re credited the account so there is no intention of committing any wrong or crime. If you had been using the internet banking of your grandmother before she died then it means that she had consented for the same and you are safe and there is nothing to worry about.
Your actions and intentions shoe clear conscience and volition.
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