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Seeking guidance on managing financial matters for an aunt
20-Sep-2024 (In Civil Law)
My aunt has dementia and is under medical care, she has no children and her sisters are not taking care of her. She has funds which we want to utilise for her and not sure what's the legal way to do it.
Dear queriest, if you think she has funds then you don't you take initiation and help her in her treatment, also if we come to know about her funds are in bank or somewhere else then I can try to help you in such way .
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Adv. Dhananjay Ravikant Gangawane
Pune | 1000+ Answers
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Hi, in these cases one may opt to appoint a legal guardian for the purposes of her welfare. But considering the fact that there appear to be other family memes such as her sisters as you mention, they may have objections too. Appointment of guardian in such cases is for the welfare of the person and to manage their estate. Feel free to reach out and we can try to work this out.
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Adv. Udayan Mukherjee
Mumbai | 25+ Answers
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if she is able to walk, talk, write and sign make a will of all her possessing assets like immovable property
and make a power of attorney, which is a document where power to execute, handle and take care of assets, funds and bank account can be given to other person and will be handled by another person, using which you can take care of her funds,
also check whether her sisters are interested in the assets or not yeh there is a lot of things which you will be needed to do
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Adv. Moksh Jain
Mumbai | 100+ Answers
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Well, you can file a Guardianship Petition in Hon'ble Bombay High Court under Sec 7 of the Guardianship and Wards Act, 1890 to seek your Aunt's Guardianship and then you can manage the affairs of her property and take decisions on her behalf regarding her healthcare and her properties. You will be able to withdraw funds which you want to utilise for your Aunt on getting such Guardianship from the concerned High Court.
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Adv. Pankaj Bajaj
Mumbai | 1000+ Answers
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