When dementia freezes money, aging Korea turns to public trusts

Experts have called for South Korea’s new public trust pilot program for dementia patients to be expanded and paired with reforms to the country’s guardianship system, as the government moves to address the growing problem of frozen assets held by older people with cognitive decline. The Ministry of Health and Welfare announced on Wednesday that it is launching a pilot program for what it calls “a safe asset management service for dementia patients.” Under the program, the National Pension Servi

By The Korea Herald