BT Money Hacks: Planning for the worst with an LPA (Ep 167)

Who will make decisions about your personal welfare or finances if you lose mental capacity? On this episode, host Lee Kim Siang talks to lawyer Stefanie Yuen Thio about the vital importance of setting up a Lasting Power of Attorney.

Highlights of the conversation: 

01:41 What is a Lasting Power of Attorney (LPA)?

02:34 Why LPA is important for everyone

07:16 How LPA fits into estate planning

10:19 LPA Disputes within the family

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Now, we want to hear from you! Send us your questions, thoughts, story ideas, and feedback to btpodcasts@sph.com.sg. We’ll look into it for future episodes.

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SEE ALSO

Early family legacy planning, consistent review can help mitigate risks: panel

Bills passed to allow digital signing of legal documents, oath-taking via video link

BT Money Hacks: Is this another Bitcoin bubble? (Ep 166)

Hosted by: Lee Kim Siang (kimsiang@sph.com.sg)

With Stefanie Yuen Thio, joint managing partner, TSMP Law Corporation

Edited by: Emily Liu & Claressa Monteiro

Produced by: Emily Liu

Engineered by: Joann Chai Pei Chieh

A podcast by BT Podcasts, The Business Times, SPH Media

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