By Minister Tan Chuan-Jin
We spend much of our lives planning for our future – from simple things like what to have for lunch, to more complex things like our career path or family planning.
But what do we do when the unexpected happens? What if we are suddenly unable to make our own decisions or care for ourselves? It is a tough question that we all need to think about.
An Institute of Mental Health study found that dementia strikes one in 10 Singaporeans aged 60 and above. As our society ages, many of us are increasingly at risk of losing our mental capacity.
It can happen to any of us. And if it does, I’m sure we would want someone we trust to make those important decisions such as our finances or those relating to our health and welfare on our behalf.
There’s no harm in planning ahead for a rainy day. I encourage everyone to make a Lasting Power of Attorney (LPA) early to give ourselves and our loved ones peace of mind in the event that the worst does happen.
I’m delighted to share that the Office of the Public Guardian (OPG) has extended the fee waiver for Form 1 applications for the LPA for another two years to 31 August 2018.
For those unfamiliar with the LPA, do take some time to watch the following videos which can help explain the importance of an LPA, and how we can apply for it. OPG also runs talks and workshops on the application of an LPA.
There’s no better time to plan ahead, so why not now?