Abstract
Delegation of financial decision-making to spouse in old age Professor Anup Basu from Queensland University of Technology explains the process of delegating financial decision-making to spouses in old age. Ageing can cause cognitive abilities to decline, adversely impacting financial decision-making capacity. Although in many married households, one spouse is primarily responsible for managing household finances, discharging this responsibility can become challenging with age, and it may become necessary to share it with the other spouse.
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