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Right of transparency of financial affairs of husband by wife

Querist : Anonymous (Querist) 01 December 2011 This query is : Resolved 
Is there any recourse against a 66yr old husband who does not share any financial information with his wife? At 65 yrs, the wife fears she has no knowledge and hence no way to claim his assets for maintenance post decease. He is a heart patient who has not share even a Bank Ac number with the wife, despite being retired from the banking industry.
Rajeev Kumar (Expert) 01 December 2011
Dear Anonymous we the expert members of LCI has unanimously decided that we will not reply the anonymous querist. so come with your identiy and i think all members will adhere to this principle
M/s. Y-not legal services (Expert) 01 December 2011
dear author you did not mention about what you want? if the aged wife need to maintain her from husband's money mean, surely she can file a maintenance case against her husband., for this age no bar.,

its too late to understand about her husband..
mahendrakumar (Expert) 02 December 2011
since these kind of personal queries affect the privacy of persons,I feel there is no harm,in anonymous queries here.

even at this fag end of life,if he is not disclosing such matters,make an introspection for the reasons.

try to involve your close relatives including children or friends in the matter and find it out.
V R SHROFF (Expert) 02 December 2011
Apply for mtn c attachment of all his property compelling him to declare all his property, & court will direct him. File Divorce on grd of desertion, not talking or sharing in same household, & u/s 24 Mtn & hiding income & asset, apply court to direct him to disclose his asset.

Shonee Kapoor (Expert) 02 December 2011
I agree with Mr. Shroff, only court action can compel him to declare assets.

Regards,

Shonee Kapoor
harassed.by.498a@gmail.com
Raj Kumar Makkad (Expert) 02 December 2011
Raee ka Phad bnana koi Humse Seekhe.


Querist is only asking about way to get financial detail of his husband and we are suggesting her to take divorce. hahahahahahha. What is this? joke? with the senior citizen?

No, this is not the way. If one has to insult the senior citizens rather telling them the real way to resolve the problem then we shall have to re-think about our conduct.

Aunt! If you have passed 65 years without having financial details of your husband and still your married life is going on then there seems no need for the remaining period of your life. In case of default of medical and other expenses, you can very well claim from your husband as well as from your children. govt. also provide medical help for senior citizen in various states free of cost.
prabhakar singh (Expert) 02 December 2011
Very sensitive and right answer.
mahendrakumar (Expert) 03 December 2011
Yes,Makkad,I too was shocked to find the divorce advise,especially to a senior citizen aged 65.
Shailesh Kr. Shah (Expert) 03 December 2011
Mr.Makkad answered very sincerely.
Querist : Anonymous (Querist) 03 December 2011
Hi. When someone of that age musters up the courage to put her plight up on a legal network seeking advise, her situation is very dire indeed. The lady in question does not have more than 100-200 in her posession at any time and is dependent on her husband to for everything. The situation has aggravated to the extent where if one loaf of bread needs to be bought, she is given exactly the amount. She hence is very frightful of her future.

She also fears that her husband is committing fraud. Her children who are married and not staying with them, got wind of this and insisted he open a bank ac in her name, so they could send her some money monthly. He did the required, and get her only an ATM card for the Ac. Once the money was transfered and she tried to widthdraw money, she found tht he had given her a wrong pin number. She hence has no access to even that money.

In the recent past, he has taken huge amounts of money from a relative and is now refusing to return it, saying that he made an investment and has lost it all.
ajay sethi (Expert) 03 December 2011
1)i understand your plight . earlier husbands would not disclose finacial position for the fear that wife would squander his hard earned earnings .

2)wife must reason with husband that in case he siddenly ahs an heart attack she would not be in a position to seek medical help for him as she dosent have any money .

3)no dcotor will trat husband for free and chidlren are staying sepaartely .


4)it may work like a magic wand and husband may disclose his finacial position

5) request husband to make a will as in
c ase he dies of heart attck and wife dose not have any knowledge of his finacial position then money will only go to the goverment as wife nor his children will be able to make any claim
mahendrakumar (Expert) 04 December 2011
yes dear Sethi,as usual,a prompt advise.


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