Posted in Private Wealth
It is reassuring to see a recent survey has shown that more than half of the British public think will-writing should be regulated.
A YouGov poll research for the Law Society, the body that oversees solicitors in this country, has published a survey of 1,554 adults in which 55% wanted all will-writers to be regulated; whist over 95% praised the services provided by solicitors.
We at Pindoria Solicitors believe it shows that the public recognise the importance of using a WIQS accredited law firm rather than an unregulated will writer.
In March 2014, Pindoria Solicitors became one of the first law firms in London to gain the Law Society’s Wills and Inheritance Quality Scheme (WIQS) accreditation. WIQS is the benchmark of receiving high quality standard for wills, probate and estate administration practices, by requesting that firms adhere to the scheme Protocol. It is a symbol of best practice quality mark for wills and estate administration advice that consumers can trust.
The comprehensive survey also showed almost 90% of respondents who had a will drafted by a solicitor were satisfied with the process. In recent times, solicitors and the Legal Services Board have fought for will writing to be regulated, but much to our dismay this was not accepted by the Government meaning anyone without qualifications can call themselves a will writer.
We believe anyone not seeing an expert in a firm of solicitors is very much taking a gamble and it is worth considering that badly drafted or ineffective DIY wills are an issue for around 38,000 families a year. Now in 2015, wills are no longer as they once might have been due to more complicated family structures.
As all good will writers know wills have to be constructed in a way where there is no room for doubt and a local solicitor who has found out exactly what a person wishes their will to detail is the obvious choice.
Most of us in legal world can tell of the fallouts that we have seen due to problems with poor wills or even dying without a will, which is known as intestate. These matters can have a huge effect on lives and the exasperating fact is that so often just taking the time to see a law firm and draft a will can prevent all this and having to deal with probate and the fallout of Inheritance Tax Planning.
Like all solicitors, we will continue to do our best to cement the message about the importance of wills and we hope if you haven’t made one yet, or have one that you feel needs looking at that you contact us today. We are happy to help.