Legal Services Board Recommends Regulation on Will-Writing

The Legal Services Board (LSB) recommended to the Lord Chancellor that will-writing be subject to regulation.  One charity director believes that this could lead to more legacies by making consumers more confident in writing a will.  Currently, legacy income is worth almost  £2bn a year to the UK charity sector

The Board seeks to give consumers greater ability to seek redress through the Legal Ombudsman and create a level playing field between traditional law firms and other services, including online services and will-writing companies among others. 

The Lord Chancellor must decide within 90 days whether to proceed with the LSB’s recommendations. 

See Niki May Young, Will-writing Regulation Recommended By Legal Services Board, civilsociety.co.uk, Feb. 14, 2013.