Saturday, 30 June 2018

Lasting Power of Attorney application fees waived for another 2 years

Singaporeans who plan to apply for a Lasting Power of Attorney (LPA) - which allows an appointed person to make medical and financial decisions on your behalf should you lose mental capacity – will not have to pay the S$75 fee for the most common type of application for another two years.

The application fees for LPA Form 1 will be waived for a further two years until end-Aug 2020.

The LPA Form 1 allows donors to grant general powers with basic restrictions to donees. A separate application, Form 2, allows donors to grant customised and specific powers to their donees, and has to be drafted by a lawyer.

As of Mar 31, 2018, more than 43,000 people have submitted LPA applications to the Office of the Public Guardian.

Ref: https://www.channelnewsasia.com/news/singapore/lasting-power-of-attorney-application-fees-waived-for-another-2-10478938

No comments:

Post a Comment