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When an elderly woman forgets she has over $17 million and lives in poor conditions
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After the 87-year-old woman suffered from dementia, her elder brother sought to take control of her assets.
PHOTO ILLUSTRATION: PIXABAY
- After an 87-year-old Singapore permanent resident with over $17 million had dementia, her older brother and nephew made her sign her assets over to them.
- When her only son found out about this, he took his uncle and cousin to court, which found she did not have the mental capacity to sign the documents and nullified them.
- This case emphasises the need for the elderly to create wills and lasting power of attorney to ensure they are cared for and their assets go to the right people.
AI generated
An 87-year-old woman had amassed a wealth of over $17 million but lived frugally on her own until she suffered from dementia, sparking a court battle between two camps of her relatives.
The Singapore permanent resident had the means to live comfortably but apparently did not hire a caregiver, preferring instead to frequently seek help from her condominium’s management employees for minor chores, such as looking for her misplaced mobile phone.
