The Legal Services Board (LSB) is recommending that will-writing be subject to regulation after completing a two-year investigation during which it said it uncovered a "compelling case" for regulatory oversight of the industry.
The LSB has submitted a report to Lord Chancellor Chris Grayling recommending he amend the list of reserved activities to include will-writing. However, it has not recommended Grayling do the same for estate administration activities. Grayling has 90 days to make a decision. Currently, will-writing activity is not regulated, though many service providers - such as solicitors, who are regulated for their other activities - offer it. Solicitors, the LSB noted, turn over more than £1bn annually conducting will-writing work. The LSB said that a two-year investigation had uncovered "...
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