The Institute of Professional Willwriters (IPW) is pleased to announce the launch of a new lifetime Family Trust service exclusively for IPW members.
The new service will provide Family Trust drafting and technical support and will be delivered via Integrated Legal Services (ILS), an organisation wholly owned and run by the IPW.
Following a consultation period with the IPW membership; the decision was taken to form a not-for-profit organisation to provide its professional advisers to deliver highly professional lifetime trust services to their clients.
When asked about the new service Paul Tansley, IPW executive chairman said:
“The IPW has always had two focuses – one being the regulation of Will writing and the second being a great support organisation to Will writers who wish to operate their businesses in accordance with strong professional, ethical and competently trained values.
“Adding lifetime Family Trust services adds another benefit to a long list of benefits that IPW members can take advantage of”.
An extensive planning and implementation process has been developed by the IPW/ILS management team with an approach towards delivering a high quality efficient service to professional advisors and their clients.
ILS will provide cutting edge cloud based online software, which includes case submission, compliance checking, document exchange, case tracking, as well as technical and marketing know-how. After initial training, the Family Trust drafting service will be available to all IPW full members.
One advantage is clear; where professional advisers have added lifetime trusts to their offering, most have experienced significant increases in business revenue and at the same time have significantly expanded their expertise and professional standing. To support this aim, will be rolling out a number of new training courses.
Aftercare is a vital component: advisers can be assured that where client/family member trustees need help with the distribution of assets, sale of property and general administration with trusts, high levels of support will be provided to the adviser and their client/family member.