<p>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. </p><p><br></p><p>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.</p>

Plan B

News Beat

#844 : The Real Cost of Skipping Your LPA

MAR 12, 202628 MIN
Plan B

#844 : The Real Cost of Skipping Your LPA

MAR 12, 202628 MIN

Description

<p>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. </p><p><br></p><p>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.</p>