Tag Results

Exclusive: venture capitalists invest in leading probate provider

The venture capitalists already invested in the UK’s first alternative business structure have added one of the country’s largest probate and estate administration providers to their portfolio, Legal Futures can reveal.

July 22nd, 2013 | No Comments »

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.

February 13th, 2013 | 1 Comment »

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.

February 13th, 2013 | No Comments »

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.

December 18th, 2012 | 1 Comment »

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.

November 9th, 2012 | 2 Comments »

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.

September 28th, 2012 | No Comments »

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.

September 27th, 2012 | No Comments »

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.

August 13th, 2012 | No Comments »

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.

August 3rd, 2012 | No Comments »

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.

July 17th, 2012 | No Comments »