Hey Maw Shin, yes indeed. Cost is definitely on many people's minds. The more common EOL Planning would probably include the following:
Lasting Power of Attorney (LPA): To complete the LPA, there are usually 2 kinds of fees to watch out for. 1) Certificate Issuer fee, which would vary depending on Service Providers. You could approach a practicing Lawyer, Psychiatrist or accredited Doctor. Naturally, going to a lawyer would potentially be more expensive. 2) Application Fee of $75 to Office of Public Guardian, but currently WAIVED until 31 March 2023.
Advance Care Plan (ACP): Some service providers subsidize or provide it free for seniors.
You can use this search tool to locate a Service Provider that does both!
https://www.mylegacy.gov.sg/find-a-service/
Wills: The cost of making a Will is highly varied. It can range from no cost, (there are free will writing services around for making a Simple Will) to paying a hefty sum, depending on complexity and service providers. You can even make a Simple Will on your own by using this guide here: https://www.mylegacy.gov.sg/end-of-life-plannin...
CPF Nomination & Insurance Beneficiaries: Free!
Hey Maw Shin, yes indeed. Cost is definitely on many people's minds. The more common EOL Planning would probably include the following:
Lasting Power of Attorney (LPA): To complete the LPA, there are usually 2 kinds of fees to watch out for. 1) Certificate Issuer fee, which would vary depending on Service Providers. You could approach a practicing Lawyer, Psychiatrist or accredited Doctor. Naturally, going to a lawyer would potentially be more expensive. 2) Application Fee of $75 to Office of Public Guardian, but currently WAIVED until 31 March 2023.
Advance Care Plan (ACP): Some service providers subsidize or provide it free for seniors.
You can use this search tool to locate a Service Provider that does both!
https://www.mylegacy.gov.sg/find-a-service/
Wills: The cost of making a Will is highly varied. It can range from no cost, (there are free will writing services around for making a Simple Will) to paying a hefty sum, depending on complexity and service providers. You can even make a Simple Will on your own by using this guide here: https://www.mylegacy.gov.sg/end-of-life-plannin...
CPF Nomination & Insurance Beneficiaries: Free!