With a nominee, the bank has 15 days. Without one, families wait years.

If there is one decision that quietly determines how hard the months after a death will be for your family, it is this: did you name a nominee?

Two very different paths

When an account has a valid nominee, the institution has a clear, time-bound process — often a matter of days to a few weeks. When there is no nominee, the same family can be sent down a path of succession certificates, affidavits and court visits that stretches into years.

Same money. Same family. The only difference is a form that takes minutes to fill.

But naming a nominee isn't the finish line

Even families who did everything right have been held up — by a Will that couldn't be found in time, or a spelling mismatch between the nominee record and an ID. A nominee is the start of a clear handover, not a substitute for organised records.

• Name a nominee on every account — and keep it current after marriages, births and losses.
• Understand what a nominee is. A nominee receives and holds the asset; legal ownership still follows your Will and the law. The two work together.
• Keep your Will and key documents findable. The best plan fails if no one can locate it.

Where Soult fits

Soult helps you record nominees alongside each asset, store your Will and documents in one place, and choose the trusted people who can reach them when needed — so the path your family walks is the 15-day one, not the multi-year one.

Soult helps you store and organise your Will and important documents and is not a substitute for professional legal advice. Templates and information are for convenience, not legal advice. Use Soult alongside a qualified lawyer.

Start protecting today → Soult helps you organise your assets, important documents, nominees and final wishes in one private vault — so your family has clarity when it matters. Free to begin.