About this episode
The episode discusses the high costs of not having a Lasting Power of Attorney and the importance of legacy planning.
Some avoid legacy planning because they do not see the urgency. But the cost of not planning is high. Minister of State for Social and Family Development Zhulkarnain Abdul Rahim says failing to make a Lasting Power of Attorney (LPA) can leave families facing lengthy court processes and paying thousands of dollars to appoint a deputy. Don’t wait until it’s too late. Applications using LPA Form 1 is now free for all Singapore citizens. Begin at go.gov.sg/planmylpa.
Topics covered
- legacy planning
- Lasting Power of Attorney
- court processes
- family support
- financial costs
Keywords
- Lasting Power of Attorney
- legacy planning
- court processes
- financial costs
- Singapore
Mentioned in this episode
Organizations: Social and Family Development
Places: Singapore
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