Personal Finance
I finally made my LPA! (Lasting Power of Attorney)
By Yonghui.sg  •  February 27, 2023
Making an LPA was something that has been on my mind for a long time but I kept procrastinating because the process seemed so tedious to me. So I am really glad that I finally completed it this month, thanks to the online application process launched by the Office of Public Guardian (OPG) in Nov 2022. What is an LPA? LPA refers to Lasting Power of Attorney. It’s a legal instrument which allows a person (Donor) to voluntarily appoint one or more persons (Donee (s)) to make decisions and act on his/her behalf should he/she lose mental capacity one day. Donee (s) can be appointed to act in 2 main areas
  1. Personal Welfareg living arrangements, medical care and daily care decisions and/or
  2. Property & Affairsg accessing the donor’s bank accounts to pay for his/her care, dealing with CPF matters, handling property and making investments.
Why I decided to make my LPA...
Read the full article
By Yonghui.sg
My name is Yong Hui and I started this blog because of my passion to empower people financially, so that they can create a better future for themselves and their loved ones.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published. Required fields are marked *

*

Your Email Address will not be published
*

Read More Articles
More from thefinance