Making legal valid decisions during old age or when sick can sometimes be very difficult. This tends to derail your quest of achieving what you had previously planned. Fortunately, you can now make use of the preventive power of attorney, a declaration of intent with legal character.
With this power, you will select an authorised person to act as your deputy in decision making. The attorney will then act on your behalf in important matters such as financial issues.
The power of attorney has come as good news to many since people are now able to make important decisions during difficult situations. But you will first have to assign the tasks which your attorney can handle. You will also be required to indicate whether the attorney can access important information like your email address and financial accounts. After approving every detail, the attorney will have legal power to make decisions whenever there is an emergency situation.
It is highly advisable that you choose an authorized representative who can be trusted when it comes to the deputyship application process. This is because the power of attorney becomes active immediately you sign the forms. If the attorney is not in line with your agenda, then he will end up making the wrong decisions.
You should, therefore, make sure that you are using someone who understands all your ideologies. It is also necessary that you choose a deputy who is older than you since he can become incapable of all your business.
The good news is that you can revoke the preventive power of attorney if you are in a good situation to perform your business effectively. To do this, simply submit the form to a notary who will then checkif you qualify to revoke the preventive power of attorney. Once approved, you can resume making your own decisions when in a tight situation.
With deputyship application, you will need the Origination Application for Mental Capacity Proceedings, the applicant’s affidavit, the doctor’s affidavit, and if applicable, the relevant persons’ consent to the application.
You may so decide to file personally or through a lawyer in Singapore. If you are represented by a lawyer, the deputyship application will be filed by your lawyer. In case you are representing yourself, then you should file the application, collect the endorsed documents, and if applicable, serve the application on the relevant persons.
