Have you ever thought that writing Wills for a living might just be the change in career path you have been looking for? Historically it has been seen by many as an attractive option as you don't need any formal training and it's completely unregulated. Therefore you can be open for business from day one! To a large extent, therein lies the problem.
Following a long period of investigation and consultation the Legal Services Board (LSB), which has the responsibility of overseeing the regulation of legal services in England and Wales, has found that there are 'systemic problems' and 'consistent patterns of sloppiness, simple errors and poor communication' which often resulted in 'unacceptable service' in the Will writing industry. The LSB uncovered that some customers were 'subjected to unfair sales practices' whilst others were the victims of 'fraud and deception'.
As a result of their findings, the LSB is now calling for all providers of Will writing and estate administration services to be regulated so as to protect consumers from disreputable companies. Under the proposals the provision of all such services would be brought within the scope of legal services regulation.
The idea of regulating Will writing and estate administration services has long been debated and is therefore not a new concept on the legislative agenda. However, unlike on previous occasions, there now appears to be a far greater appetite for change.
David Edmonds, the Chairman of the Legal Services Board, said "Making a Will is something everyone should do. It is one of the most important actions that individuals take. We all should have a degree of confidence in those entrusted with the task of writing our Wills, advising us on the most appropriate actions, and ensuring that our wishes are carried out. The measures announced by the LSB today should reassure consumers that they will be more effectively protected."
Even if the findings of the LSB are accepted, it's reported that any changes will take no less than 2 years to be implemented. Therefore if you are planning on making a Will, the most sensible advice that can be given is do not delay. Make sure you receive clear and concise advice from your solicitor which truly reflects your wishes and what you want to achieve.
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