‘Regulate will writing’ says The legal Services Board
The Legal Services Board has written to the Lord Chancellor urging him to regulate will writing to reduce what the board says are “significant risks that consumers currently face”.
A two-year investigation has prompted the board to make this recommendation due to what it calls “comprehensive evidence” that many consumers purchasing wills from unregulated firms received a poor service, which has resulted in financial loss, legal issues and emotional distress.
The board thinks that consumers deserve better protection with access to the Legal Ombudsman to seek help if things go wrong.
The Law Society supports the idea of regulation, and believes that regulation should also encompass estate administration as well.
The Lord Chancellor has six weeks to decide whether to propose the regulation of will writing to parliament.