Answer

1. F

   Facts

   Several assets pass outside the Will regardless of what the Will says, they go directly to the nominee or by statute. This is the most misunderstood area of Indian estate planning.

2. P

   Provisions and law

   • Hindu Succession Act 1956 | Indian Succession Act 1925, Sec 61
3. A

   Analysis

   Several assets pass outside the Will regardless of what the Will says, they go directly to the nominee or by statute. This is the most misunderstood area of Indian estate planning.

4. C

   Conclusion

   1. 1PF/EPF, goes to nominee on Form 2. Will cannot override this.
   2. 2Life insurance, goes to nominee named in policy. Will cannot override.
   3. 3Joint property (survivorship), passes to surviving joint owner, not Will beneficiary
   4. 4HUF property, governed by coparcenary rights, not individual Will
   5. 5Ancestral property, subject to Hindu Succession Act class I heirs, not solely your Will
   6. 6Trust assets, governed by trust deed, not Will

General guidance from TaxSavvy’s library of money processes. Laws change; your Savvy confirms the answer on your exact case before anything is filed.