Pontypool: 01495 762244 | Newport: 01633 262122 | Cardiff: 02921 154313

Tuesday, June 26, 2012
Linda Dack of Watkins and Gunn discusses the importance of writing a Will, after the announcement of new proposals to regulate all providers of Will writing.
 
Proposals to regulate all providers of Will writing and estate administration services were announced by the Legal Services Board in April. Research carried out by the Legal Services Board has shown up to one in four Wills assessed failed, because they were deemed insufficient quality.
 
Currently anyone can provide Will writing services regardless of qualification or experience. The Legal Services Board research has established problems with the services delivered by many providers, including consistent sloppiness, simple errors, and poor communication.
Furthermore, the Legal Services Board reported ‘systematic problems’ with Will-writing including unfair sales practices, fraud and deception.
 
Many organisations are offering Will-writing services, and it is tempting for some to use the services of those other than a Solicitor. Sadly, many families and beneficiaries have little redress when things have subsequently gone wrong, and this can lead to unnecessary difficulties, distress and expense for all involved.
 
Solicitors, unlike other Will writers, are already regulated by the Solicitors Regulation Authority.
 
Many people inevitably put off making a Will; however without a valid Will in place, the law decides who will receive your assets depending on your personal circumstances, which may not accord with your wishes. David Edmonds, Chairman of the Legal Services Board said, “Making a Will is something that everyone should do. It is one of the most importance actions that individuals take. We should be able to have confidence in those who advise and draft documents for us.”
 
It is important that consumers are not left vulnerable by unregulated services. The Legal Services Board wants all providers regulated by a professional designated body to ensure consumer protection.
 
The recommendation will now go through consultation by the Government, hopefully with a decision at the end of the year and, if the regulation is agreed, implementation within two years.
 
So don’t leave it to chance; contact Watkins and Gunn’s Private Client team for the peace of mind that your Will is being prepared by a specialist.

Pontypool: 01495 762244 | Newport: 01633 262122 | Cardiff: 02921 154313

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