Glossary of Terms relating to Singapore Lasting Power of Attorney
Gift
Voluntary transfer of an asset without any payment in return.
Glossary of Terms relating to Singapore Lasting Power of Attorney
Voluntary transfer of an asset without any payment in return.
The donees must act together and not individually. When any one donee is no longer able to act, the joint appointment will be terminated.
The donees can act together or individually. Both types of decisions are valid. A donee can act without consulting the other donee(s).
A person, at least 21 years of age, appointed by the donor to replace a donee in the event that the donee’s appointment is terminated.
A red seal is required to be affixed to the LPA as it is signed as a Deed.
A person who signs and certifies that the donor knows the implications of making an LPA and is not doing it under duress, fraud or undue pressure. This person can be any practicing lawyer, psychiatrist or Office of the Public Guardian (OPG) accredited medical practitioner. The certificate issuer also needs to sign on the LPA form as a witness for [...]
The person applying to register an instrument as an LPA. The applicant has to be either the donor or donee(s) (all donees together if they must act jointly).