Will Writing to Receive Tighter Regulations

09 August 2010 - Which Way To Pay

    



Will Writing to Receive Tighter Regulations

 

 

Will-writing services are to be more tightly regulated in Britain, after a number of complaints were registered.

 

Writing and preparing your Will is an important activity regardless of how far old age or even death may be.  By writing your Will, you are making sure that your estate and wealth lands in the right hands.

 

In Britain, there are plenty of excellent services that can help you to write and bind your Will.  Yet due to the popularity of the industry, a number of dodgy dealers have hit the market.

 

With seemingly cheap offers, some Will-writing services then subject their customers to hidden costs and in some cases, consumers ended up handing out thousands of pounds.

 

Now more protection is being sought, and the Legal Services Board (LSB) which governs all legal services in England and Wales, has pledged to look into the system.

 

Before you sign up with a Will-writing service, make sure you check their credentials.  If in any doubt, seek third party advice or go to an independent financial adviser or your solicitor.

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