New Delhi, June 15 -- Life is highly unpredictable, and sometimes it throws challenges at us that we are completely unprepared for. One of the most difficult experiences anyone can face is losing a loved one. During such emotionally overwhelming moments, dealing with financial paperwork is often the last thing families want to think about.

However, for many families, questions about financial assets such as gold, silver, bank accounts, and fixed deposits (FDs) arise soon after a family member passes away. The situation becomes even more complicated when the deceased has neither registered a nominee nor left behind a valid will.

While the absence of these arrangements can make the process more time-consuming, stressful, and legally compl...