Reading Time: 5 minutesWhat is a Lasting Power of Attorney? A Lasting Power of Attorney (LPA) is a legal document which allows a person (known as the “donor”) to appoint one or more persons (known as the “donee(s)”) to make decisions and act on his behalf if he loses mental capacity one day. The donor should be at […]
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What you need to do when a loved one passes on
Reading Time: 4 minutesWhen a loved one dies, their assets should to be transferred and distributed according to the law as soon as possible. This is out of respect of the deceased and to be fair to the beneficiaries. The first thing to do is to confirm if the deceased made a valid Will. A Will is a […]
Give $1 to someone you want to exclude from your will
Reading Time: 3 minutesWho’s in a will? Who’s NOT in the will? I vividly recall the movie Greedy where rich and elderly Uncle Joe (played by Kirk Douglas) was often plagued by his greedy and avaricious family who curried his favor just so he would leave them part of his vast fortune in his will. Danny (Michael J […]
Lasting Power of Attorney Explained
Reading Time: 7 minutesThe recent legal saga surrounding Yang Yin, a former Chinese tour guide, and his alleged misappropriation of 1.1 million SGD worth of an 89-year-old elderly widow’s assets has drew considerable attention to the concept of a Lasting Power of Attorney (LPA). According to the Straits Times, 8360 applications for a LPA were accepted in 2015, […]
Curveball Series: Mental Incapacity & the LPA
Reading Time: 9 minutesWhat would you do, if you could not move any part of your body, but were fully aware of your surroundings – and the only movement that could be observed by others, was the blinking of your eyes? As the result of a massive stroke suffered at age 43, French journalist Jean-Dominique Bauby became physically […]
Curveball Series: Advance Medical Directive (AMD)
Reading Time: 2 minutesThe Curveball Series was created with helping readers in stressful and emotional situations caused by unpredictable events that are life-changing. As much as we do not wish to lose control over our decision-making ability, there are multiple ways we could lose autonomy over choices we presently exercise without a second thought. In some situations, we […]