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LSB formally requests government to regulate will-writing – but not estate administration
The Legal Services Board (LSB) will today formally recommend to the Lord Chancellor that will-writing – but not estate administration – should be regulated legal work. The LSB had initially intended to include estate administration.
Consumers, solicitors and will-writers hit out at LSB decision on estate administration
Consumers, solicitors and will-writers have united to condemn the Legal Services Board’s decision not to recommend to the government that estate administration become a regulated activity. However, chartered accountants have welcomed it.
Accountants launch bid to become ABS regulator, with 100 applications in the offing
Accountants could start offering reserved probate services to the public as soon as next autumn, the Institute of Chartered Accountants in England and Wales said yesterday as it submitted its application to become a regulator of probate services and alternative business structures.
Concern over emergence of referral fees once will-writing and estate work is reserved
The regulation of will-writing and estate administration needs to be drawn widely to ensure that the referral fee culture that has prevailed in personal injury does not emerge in private client work, the Law Society has warned.
Accountants attack bid to pull them into regulatory net for will-writing and estate work
Accountants should be excluded from Legal Services Board plans to reserve will-writing and estate administration, their professional body has argued. Meanwhile, it is not yet clear whether the SRA will be allowed to regulate will-writers.
LSB: regulating will-writing and estate work will grow market and benefit solicitors
The reservation of will-writing and estate administration should boost the amount of work and allow existing providers such as solicitors to become more competitive, the Legal Services Board said today as it laid out how the regime will work.
Exclusive: leading non-solicitor probate provider becomes ABS
One of the country’s leading non-solicitor probate providers will today be unveiled as the newest alternative business structure. Kings Court Trust has chosen to be regulated by the Council for Licensed Conveyancers.
Banks warn LSB off seeking to regulate them for will-writing and estate administration
It is hard to see which of the frontline regulators would regulate banks if will-writing and estate administration become reserved legal activities, the British Bankers Association has said. It also said FSA regulation covered what the Legal Services Board was seeking to do.
LSB “putting too much weight” on solicitors’ poor score in will-writing mystery shopping
Concerns over the standard of will-writing by solicitors are based on limited evidence and the Solicitors Regulation Authority should not have to prove its ability to regulate such work, the Law Society has claimed.
Kings Court Trust
Kings Court Trust was founded in 2002 and specialises in probate and estate administration. As probate experts, we deal with every aspect of probate and support families by guiding them through the legal process when a loved one passes away. We take on all of the Executors’ liabilities and adopt full legal responsibility for administering [...]
