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Estate planning: Have you planned for your digital assets?

Irene Yee Khor Quin
Irene Yee Khor Quin • 5 min read
Estate planning: Have you planned for your digital assets?
Life can be unpredictable. As such, it is important to plan and prepare for life’s unforeseen events such as incapacity and death.
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Life can be unpredictable. As such, it is important to plan and prepare for life’s unforeseen events such as incapacity and death.

Estate planning is not just about the distribution of one’s assets when one passes on. It is also about planning for untoward mental incapacity such as dementia, Alzheimer’s and coma.

In Singapore, advanced planning for mental incapacity is possible with an LPA (Lasting Power of Attorney). For specific instructions involving the management of digital assets on one’s mental incapacity, the LPA Form 2 is the relevant document.

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