What is the difference between LPA Form 1 and Form 2?
LPA Form 1: Standard form for donors who wish to grant donee(s) general powers with basic restrictions. Donors may appoint up to 2 donees and 1 replacement donee in LPA Form 1.
LPA Form 2: For donors who wish to appoint either more than 2 donees, more than 1 replacement donee, or grant customised powers to their donee(s). The Annex to Section 4 of the LPA Form 2 has to be drafted by a lawyer*.
*Note: This refers to a Singapore solicitor qualified to practice Singapore law in a Singapore law practice.
98% of Singapore Citizens who have made an LPA used the LPA Form 1
(Source:
Office of Public Guardian website
)
