Is your family equipped to handle an emergency when you are incapacitated?

As personal finance professionals, when we look at customers, we are accustomed to looking out for risks which can play out and finding ways to mitigate them. We hope that a family which had given adequate thought to many of the risks, would be able to manage well, in any unforeseen emergency. We have now realized one important factor which we have not been emphasizing on, through a recent unfortunate experience.

 

While we all plan for our dependents post our demise, rarely do we think of us being in a situation where we are temporarily incapacitated and are dependent on our family to take charge. A recent experience made us think, and these are some of the conclusions we have come to.

 

Our latest article, published on Moneycontrol.

 

https://www.moneycontrol.com/news/business/personal-finance/is-your-family-equipped-to-handle-an-emergency-when-you-are-incapacitated-11077081.html



Image credit : Moneycontrol



 

Finwise is a personal finance solutions firm that helps both NRI and resident individuals and families invest for their financial needs, follow their passions and achieve financial independence.

 

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