Anyone can help

[prakash1975]

@neha1101

So please do ensure that the investment u own has a nominee.

Also this report says , there is no real rush to appoint a nominee:

Are you aware of longevity risk in retirement planning?

The average Indian life expectancy is 70 years, but this hides substantial variation. With the medical progress we’re making, the odds are that you will live longer. This is a critical input in your financial plan, and it’s always wise to assume a higher life expectancy. Why? [image] Your financial plan should be built to survive both negative and positive surprises. Most people underestimate how long they’ll live and the money they’ll need in retirement. So it’s best to assume you’ll live…

The only risk to the family is that you might end up leaving nothing behind for the family with longer life expectancy.