Tuesday 8 February 2011

Charities highlight Will-Writer's shoddy Wills

A survey of over 50 charities by Remember A Charity found unanimous support for the regulation of the will-writing sector as a third of those surveyed had experienced “negative impacts of the sector not being regulated”, such as loss of income, whilst poorly drafted wills had given 53% of them problems.

As a result, 52% of charities had had to engage solicitors to sort out the problems and 48% reported that the time to get the money was significantly increased. The survey also found that a third received a smaller than expected legacies and 11% lost the legacies entirely.

Remember A Charity is part if the Institute of Fundraising, with a separate membership of over 140 charities, including 9 of the top 10 charities by voluntary income. The survey was conducted as part of Remember A Charity’s response to the Legal Services Consumer Panel’s call for evidence as it investigates the need for regulation of the sector.

The House of Commons has produced a paper on the regulation of will-writers to assist MPs in the debate. The paper can be found here.

If you need help with your Will, please get in touch with FDC-Law via our website.