Jan 5, 2018
In 2011 the Society of Trust and Estate Practitioners published a report on Cowboy Will writing which outlines five main problem areas within the UK Will Writing Market:
- Invalid Wills
- Will Writers making untrue claims
- Disappearing Will and Will Writing companies
- Hidden Fees
- Fraud in estate administration
Always use a trained professional who is fully insured to draft your Will. Check and see if they belong to a membership organisation such as the Society of Will Writers - they will have the necessary qualifications to provide their services to you.
Before granting membership to the Society of Will Writers they ask for proof of proficiency, and to retain that membership they issue audits on an annual basis where all requirements must be noted and evidenced. The Society of Will Writers has 3 Mandatory membership requirements - members must hold valid Professional Indemnity Insurance, adhere to the Society's Code of Practise, and complete mandatory continuous professional development. Through these requirements, they ensure that their members are "safe to do business with" as membership is there not only for the professional, but also to safeguard the consumer.
