Pictured: Peter Chadwick, partner at Mander
Cruickshank
One of the East Midlands most respected legal practices is
calling for the public to not risk their family's' future when
making their Wills.
Peter Chadwick, a partner at Mander Cruickshank Solicitors LLP,
call follows a recent decision by the Legal Services Board to
launch a formal investigation into regulating the activity,
following a recommendation from a consumer watchdog.
Mr Chadwick, whose practice has offices in Coalville and
Hinckley said: "Within our profession a call for evidence on
whether Will-writing should become a regulated activity has
received a huge thumbs up, with consumer bodies also in favour of
regulation.
"Unregulated Will-writing companies are providing about 10 per
cent of Wills and that figure is 10 per cent too high."
"Solicitors are required to be covered by insurance, and are
subject to a professional regulatory and disciplinary regime.
However, there are some Willwriters in the marketplace not covered
by this and it can have devastating affects on families. I say to
all those thinking of writing a Will not to risk your family's
future."
The Law Society's Board is investigating regulation not only of
will-writing, but of estate administaration and probate.
Mr Chadwick added: "Earlier this year the Law Society launched a
campaign asking the Government to make Will-writing a reserved
activity to better protect consumers and it certainly is gathering
pace. However, legislation could take a long while and in the
meantime the public have to be diligent."
He added: "The `anti-solicitor' pro-competition lobby will make
smoke about poor standards of service and incompetence by
solicitors. But fundamentally, do you want your Will prepared by a
professional firm of solicitors, fully covered by professional
indemnity insurance in the unlikely event of negligence, or by
someone who has bought a franchise, is not subject to any
professional regulation and probably carries no PI cover?
"It is better to make sure that your will is totally legitimate
rather than have your family try to sort it out after you have
gone."
Consumer organisations Citizens Advice and the National Consumer
Federation both said that Will-writing should become a reserved
activity, whilst a survey of 140 charities has also indicated
overwhelming support for regulation.