Intestate

171 views 2 replies

Sir,

i had to become a joint account holder with my ailing grandmother's bank account  as  a trustee 

Now that she is no more,  and a decent amount in bank as balance which i can operate,  

this amount needs to be distributed with the heirs ( 4 in number )

so, can i  issue  cheques  to them ,and if so how do i show entry 

will there be any implications on me 

 

 

Replies (2)

Get 'family settlement deed' prepared and distribute the assets......... including bank balance....

distribute the amount by preparation of deed . i agreed with Dhirajlal Sir


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
16 June 2026
Sr. Associate / Assistant Manager | TAS / FDD

Boutique Investment Bank & Transaction Advisory Firm

Gurgaon

CA

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details