Adult Guardianship: Challenges and Solutions in 2024
What will you do if you can't withdraw your own money from bank account?
If you are elderly and living alone, why should you be worried?
Adult guardianship in India is an extremely relevant topic in 2024 as more elders are living alone than ever. This results in serious wealth management issues for elderly. Imagine a person who has earned good money in his lifetime and kept it in bank for taking care emergencies in his retired life, but gets locked out of his own wealth when he needs it most.
While some countries have clearly defined rules to take care of such problems, India lacks clear pathway. In this educative panel discussion, Ms. Sucheta Dalal, Mr. K.V. Kamath, Mr. Harsh Roongta and Adv Joby Mathew discuss issues related to adult guardianship and possible solutions.
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