The Lasting Power of Attorney (LPA)
The LPA is a legal document which allows a person who is at least 21 years of age ('donor'), to voluntarily appoint one or more persons ('donee(s)') to make decisions and act on his behalf should he lose mental capacity one day. A donee can be appointed to act in the two broad areas of personal welfare and property & affairs matters.
Benefits of an LPA
- Early preparations to protect your interests should one become vulnerable one day.
- Enables you to make a personal, considered choice of a trusted proxy decision maker, who is reliable and competent to act in his or her best interests.
- Alleviates the stress and difficulties faced by loved ones who need to apply for a Deputyship order, if you lose mental capacity without an LPA in place.
Convenience and Cost of Making an LPA
To encourage more Singaporeans to pre-plan to protect their interests, the OPG extended the LPA application fee waiver until 31 August 2020 for Singaporeans making an LPA Form 1.
Applicants are required to pay a fee to engage an LPA Certificate Issuer to witness and certify their application.
What is the difference between an LPA Form 1 and LPA Form 2?
- LPA Form 1 - Standard version that donors use to grant donees general powers with basic restrictions.
- LPA Form 2 - For donors who wish to grant donees customised powers. The annex to Part 3 of the LPA Form 2 has to be drafted by a lawyer*.
*Note: This refers to a Singapore solicitor qualified to practice Singapore law in a Singapore law practice.
Last Updated: 30 Jan 2020