What are the risks of using an unregulated will-writer? Private Wealth

Using an unregulated will-writer can leave consumers exposed to the risk of exploitation by unscrupulous and unqualified practitioners. If there was a problem involving fraud, dishonesty or misconduct, there is little protection for consumers who use unregulated will-writers.

Solicitors, however, are subject to strict regulations, granting consumers far more protection and guaranteeing the level of expertise of the professionals dealing with your home, savings and assets.

Often will-writers offer their services at a lower price, but costs can spiral, for example by charging annual fees for storage of your will – something a solicitor would usually offer at no additional cost.

If you have any more questions about Wills or any other area of private wealth, please contact us now.

Our Private Wealth Specialists

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