A recent study by the Singapore Management University (SMU) Centre for Research on Successful Ageing (ROSA) has highlighted a concerning gap in the adoption of Lasting Power of Attorney (LPA) among Singaporeans. Although 69.2% of respondents are aware of the LPA, only 31.3% have actually made one, indicating a significant disparity between awareness and action.
The research underscores a critical issue as Singapore’s population ages, with many individuals potentially unprepared for cognitive decline or medical emergencies. The study revealed that over half of those without an LPA mistakenly believe their children would automatically have the legal authority to make decisions on their behalf if they lost mental capacity. This misconception could lead to complications in managing medical and financial matters during a crisis.
Professor Paulin Straughan from SMU emphasised the importance of having an LPA, stating, “Many Singaporeans assume their loved ones can automatically step in during a crisis to make decisions about medical treatment and financial matters, but without an LPA, the legal process may not be straightforward.”
The findings suggest a need for increased public education and support to encourage more Singaporeans to formalise their LPAs. As the nation continues to age, ensuring legal preparedness for potential health crises becomes increasingly vital. The study calls for stronger public support and initiatives to bridge the gap between awareness and action, ensuring that individuals are legally equipped to handle future challenges.
