Consumers risk losing everything if they use an unregulated will writer
Individuals who choose an unregulated will writer to draft their will risk leaving their loved ones in a legal minefield.
Leonard Gray is warning consumers that when it comes to buying a will they need to distinguish between advisers that are unregulated, uninsured and untrained.
Your will is one of the most important financial and personal decisions that you will make, but currently there is no regulation surrounding will drafting so anyone is able to write a will, holding themselves out as an expert.
It is extremely important to talk to a solicitor who can make sure that the will is expressed in a way that is legally watertight. A solicitor will also be able to advise on complex financial issues such as inheritance tax and trusts planning. Solicitors are all trained and regulated and they are required to have insurance to protect the public.
Accredited solicitors complete mandatory training on the WIQS standard and show compliance through annual re-accreditation and ongoing enforcement checks by the Law Society.
To achieve our WIQS accreditation (Wills and Inheritance Quality Scheme) from the Law Society, we underwent an application and assessment process to demonstrate our adoption of best practice procedures in delivering wills and probate advice. This benefits consumers by ensuring that they understand the issues, and are aware of the options costs and timescales in order to make an informed choice from the outset.
We’re celebrating our WIQs accreditation with a 20% discount offer
To celebrate our accreditation, we’re offering a 20% discount on our standard fees for the first 10 people that instruct Leonard Gray to prepare their Will. This offer is valid until 16 May 2014.
For more information:
To read more about the Law Society’s Wills and Inheritance Quality Scheme, visit this page.