Most time is spent discussing various bank accounts and insurance claims. Cheenu, the middle child, who lives in the same city as her mother, has been struggling to get paperwork around bank accounts and insurance policies in order. Even though her father kept all his original documents in a bag, the assets and accounts aren’t collated in a file. ADVERTISEMENTADVERTISEMENTMany Indian families fail to draw up a will and avoid discussion around family wealth. That none of the bank accounts had a nominee in place is another hurdle.

Source: Mint August 09, 2021 01:52 UTC