Neha Bhasin is worried about sorting the numerous files with documents that detail her parents' bank account statements, phone bill records, maintenance charges towards gadgets and apartment, pension existence certificate, medical records and more. Her parents, like many others, unfortunately died in 2021 due to Covid complications. The 49-year-old Mumbaikar has been shuttling between Delhi and Mumbai to get a grip on the assets left by her parents.
"I have been married for 25 years and in all these years, I would meet my parents during vacations and family events. We rarely discussed their finances," she says. Her brother has been settled in Singapore for two decades now. "Our parents were very independent and we were fine till the Covid complications set in and they needed assistance," she says. The emotional trauma aside, she is facing several challenges to pick up the pieces from the documents left by her parents.
In the past two years, many families have faced new challenges of losing their near and dear ones who haven't left any clear instructions about their financial lives. Making a will is something that is never a priority, despite knowing for certain that one day one will die. Many people think that they hardly have any financial possessions that require a will, or assume that there is plenty of time before they can draw up one.
Even shrewd businessmen have gambled their way by not having a clear succession plan. Take the oft-cited case of the late Dhirubhai Ambani who, despite his business acumen, didn't leave a succession plan, which left his sons fighting for his empire. There have been several other business families that have witnessed legal battles and bitterness causing family disputes, which have disrupted business and eroded wealth.
MISCONCEPTIONS GALORE
ãã®èšäºã¯ India Today ã® June 27, 2022 çã«æ²èŒãããŠããŸãã
7 æ¥éã® Magzter GOLD ç¡æãã©ã€ã¢ã«ãéå§ããŠãäœåãã®å³éžããããã¬ãã¢ã ã¹ããŒãªãŒã9,000 以äžã®éèªãæ°èã«ã¢ã¯ã»ã¹ããŠãã ããã
ãã§ã«è³Œèªè ã§ã ?  ãµã€ã³ã€ã³
ãã®èšäºã¯ India Today ã® June 27, 2022 çã«æ²èŒãããŠããŸãã
7 æ¥éã® Magzter GOLD ç¡æãã©ã€ã¢ã«ãéå§ããŠãäœåãã®å³éžããããã¬ãã¢ã ã¹ããŒãªãŒã9,000 以äžã®éèªãæ°èã«ã¢ã¯ã»ã¹ããŠãã ããã
ãã§ã«è³Œèªè ã§ã? ãµã€ã³ã€ã³
FUELLING AMBITIONS
Puri's return signals a welcome continuity. Oil production and green fuels remain a challenge
Acceptance Certificates
The Ayush ministry must push for rigorous treatment protocol based on science and ensure new and high-quality products
THE HEALTH MAKEOVER
Providing adequate and quality healthcare to a large population is a challenge. The immediate task is to provide affordable treatment and tackle the burden of spiraling non-communicable diseases
THE GREEN TIGHTROPE
If the government is to realise its grand promises of a green revival, it needs to show unwavering commitment. Pollution and depleting forest cover remain major worries
REALISING THE TRUE POTENTIAL
Conserving and promoting India's rich heritage can generate jobs and spur other sectors too
MAKING YOUTH EMPLOYABLE
To cash in on its demographic advantage, India must revamp its skilling infrastructure with aid from the industry
CRACK THE REFORM CODE
Educational reform is unfinished business. More resources and full adoption of NEP are a must to end disparities, fill vacancies and train teachers
FISHING FOR SUCCESS
Empowering the fisheries sector and the national livestock census will be top priority
POWER-PACKED AGENDA
Reforms in the power sector are key to meeting the exponential growth in demand for electricity
BREAKING THE GRID LOCK
Joshi's big challenge, apart from synergies with the power ministry, will be to popularise the green fuels of the future