Will writing: Are solicitors the answer?

clock

Last night's Panorama programme has caused a heated debate within the financial and legal communities over will writing.

The programme, Wills: The final rip off?, exposed malpractices by will writing companies which exposed consumers to hidden charges and even stole their inheritance. IFAs are now debating what is the best advice for clients who need referring to a will writing specialist. Our readers have been split between those who only recommend solicitors (which are regulated) and others who claim this is not a totally risk-free option. ‘Spike' writes: "Who would be daft enough not to use a solicitor? They are not that expensive for wills." ‘TP' responds: "Solicitors might not be cowboys, but th...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

Why 'polluter pays' isn't as simple as it seems

Why 'polluter pays' isn't as simple as it seems

'If only life was that easy'

Justin Cash
clock 20 December 2024 • 4 min read
'It's just not good enough' – service continues to frustrate advisers

'It's just not good enough' – service continues to frustrate advisers

Regulation ‘not biting the real day to day grind’

Jen Frost
clock 10 December 2024 • 3 min read
Consumers invited to debate on the idea of targeted support

Consumers invited to debate on the idea of targeted support

Phoenix Insights forms panel to meet in early 2025

Isabel Baxter
clock 10 December 2024 • 2 min read