SINGAPORE – Singaporeans will now pay a lower fee of $30 if they wish to grant customised powers to their loved ones to take charge of their affairs if they lose mental capacity.
Previously, it cost $185 to do up a Lasting Power of Attorney (LPA) via Form 2, which is more detailed than the simpler Form 1. Form 1 LPA has been made permanently free for all Singaporeans since April 1.
The lower fee for Form 2 was announced in the Government Gazette dated April 30. It took effect on May 1, the Ministry of Social and Family Development (MSF) told The Straits Times in response to queries about the fee revision.
Also since May 1, the fees to make an LPA via either form for permanent residents and foreigners have been lowered from $90 to $30 for PRs, and from $230 to $160 for foreigners.
MSF told ST it regularly reviews LPA application fees to ensure they remain relevant and affordable.
