You probably think one company offering wills is as good as any other, but this is where mistakes are made. There can be problems if you don’t research the company first. Look at the reviews and opinions before deciding which company. This is because the will writing industry is still unregulated. Although there are calls for this to be changed, this means that anyone can setup a company offering will services.
Without the experience and knowledge that is required to write a will, which could be a dangerous thing to do for everyone involved.
A will written by an unregulated company, could lead to fines!
What you may not realise is that having a will written by an unregulated, unqualified, and probably uninsured company or individual. Could very easily be poorly drafted leading to a confusion when it is executed. It could even be negligently drafted, resulting in probate issues and fines. Plus, a disreputable will writing company will often try to sell their most expensive products. Which you’ll find most of which are not required, taking many thousands of pounds from vulnerable people.
Using a qualified solicitor can solve this problem. Because you will know you’re getting someone to work on your will who knows exactly what they are doing. Someone who will be able to write a will that is clear, straightforward, and can be acted upon (even if the estate is a complicated one). The problem with using solicitors is that they are expensive, and when so many other places offer such good prices… it can be hard to resist.
In the end, the choice is yours and it will depend on your budget to some extent. Also on the confidence you have in your research skills in order to find a will writing company that will do; a good job and that is experienced enough to know how to deal with your estate. If you feel unhappy or pressured at any time, or if the costs are not what you had thought; then step away – there are many other companies to look at.
If you feel you may have been exploited by completing a will via an unregulated industry body, get in touch for further advice.
