December 10, 2007

New Law in India Requires Adult Children to Financially Support Their Aging Parents

I ran across an interesting story from Reuters entitled "Neglect of Parents a Criminal Offense."   Apparently, in India adult children can face up to a month in jail for neglecting aging parents.   The new law also allows judges to order

adult children to pay their parents a monthly stipend.

While nothing like this exists in the United States, it is interesting that other cultures seem to place a lot more emphasis on familial responsibility for the elderly whereas we put this obligation on the government (Social Security and related programs).

Filed under Financial issues by Jonathan Ginsberg

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