Should I Use LPA Form 1 or Form 2?

Published on 11th January, 2018 by Benjamin Li Yong Le

According to the Office of the Public Guardian, 98% of Singapore Citizens who have made an LPA used the LPA Form 1.

According to the Office of the Public Guardian, 98% of Singapore Citizens who have made an LPA used the LPA Form 1.

Form 1 gives a general “blanket” authority to the Donee(s) which is the most sensible thing to do since the Donor would have already lost his mental capacity.

Form 2 is customised and has to be drafted by a lawyer e.g. when a Donor only wants his Donee(s) to manage his business, investments or brokerage accounts.

About the Author

Benjamin Li Yong Le (“Ben”) is an Advocate & Solicitor of the Supreme Court of Singapore. Ben is currently running his own boutique corporate and commercial law firm under the name and style of L’avocat Law LLC.