n NISM Certifications
X NISM Series X
Medium

Which documents are required to process the transmission of investments on a person’s death?

Practice question from NISM Series XA- Investment Adviser (Level 1) Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Probate of Will

  2. B

    Death Certificate

  3. C

    Documents establishing relationship with the deceased

  4. All of the above

    Correct answer

Why this is the answer

All these documents are necessary to legally transfer the deceased’s investments to heirs, establishing identity, authority, and relationship.

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