Setting up a Lasting Power of Attorney (LPA) in Singapore is a crucial step in ensuring that your personal and financial affairs are taken care of in the event that you become mentally incapacitated. This legal document allows you to appoint someone you trust to make decisions on your behalf when you are no longer able to do so.
Here are the 6 easy steps to set up your LPA in Singapore.
Step 1: Understand what an LPA is and why you need one
An LPA is a legal document that allows you to appoint someone you trust to make decisions on your behalf should you lose the mental capacity to do so. This person, known as your donee, will be able to
make decisions relating to your personal welfare, such as where you live, what medical treatment you receive, and who you can have contact with. They can also make decisions relating to your property
and financial affairs, such as managing your bank accounts and paying your bills. Setting up an LPA is important because it allows you to choose who will make decisions on your behalf, rather than leaving it up to the courts or government agencies.
Step 2: Choose your donee(s)
Choosing your donee is an important decision, as they will be the person(s) responsible for making decisions on your behalf. You should choose someone you trust, who is capable of making decisions in your best interests, and who understands your values and preferences.
Step 3: Go Online
Once you have chosen your Donee, go online at https://opg-eservice.msf.gov.sg/, log in and fill up the details online easily.
Step 4: Acceptance and Certification
Your Donee will be notified (or you remind them) to accept or decline the appointment. After that, email us for an appointment here to certify your LPA and thereafter register your LPA with the Office of the Public Guardian (OPG) digitally.
Step 5: Pay the registration fee
There is a registration fee for setting up an LPA, which is currently $75. BREAKING NEWS: this fee is waived if you are a Singaporean (this is a privilege) but HURRY as offer ends 31st March 2026.
Step 6: Notify your donee(s) and inform your family members
Once your LPA is registered, you should notify your donee(s) and inform your family members about the existence of the LPA and who your appointed donee(s) are. This will help to avoid confusion or disagreements in the future. This makes sense right?
It is also a good idea to provide your donee(s) with a copy of the LPA and any supporting documents, such as your medical history or financial statements.
In conclusion, setting up an LPA in Singapore is a relatively straightforward process that can provide peace of mind for you and your loved ones. By choosing your donee(s) carefully and registering your LPA with the OPG, you can ensure that your personal and financial affairs are managed according to your wishes should you become mentally incapacitated.
Email us HERE for assistance.
Credits: ChatGPT & Ascentsia Law Corporation
03 April 2023