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of <h1>Foreign Exchange Management regulations require specific documentation for remitting legacies and inheritances to overseas beneficiaries through authorized dealers</h1> Foreign Exchange Management regulations require specific documentation for remitting legacies, bequests, or inheritances to overseas beneficiaries. Applications must be submitted through authorized dealers to the Reserve Bank. Required documents include probate/succession certificates, tax clearance certificates, asset statements, and chartered accountant certifications. The application form collects details about the deceased person's nationality, residence, investments, and beneficiary information, distinguishing between repatriable and non-repatriable investments in India.
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