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  • Ian at New Approach

The Money Advice Service & New Approach

What the MONEY ADVICE SERVICE says about Will Writing Companies.

Should you use a will writing service?

A will writing service could be a good choice for you if:

  • You understand the basics of how wills work but want some extra advice to make sure your will is done properly.

  • You want to pay less than a solicitor would charge, and

  • Your will is going to be quite simple. For example, if you’re leaving everything to your immediate family and your estate doesn’t include anything like overseas investments or a company you own.

Will writing services – pros and cons

  • A will writing service is usually cheaper than a solicitor.

  • Online services let you work at your own pace.

  • Face-to-face & zoom will writers will usually visit you at home when it’s convenient for you.

  • There’s a wide choice of companies offering this service.

  • Regulation isn’t the same as for solicitors, so you won’t have the same protection if something goes wrong. New Approach Wills is regulated & insured.

  • Not many will writers are fully legally qualified – but if they’re a member of a recognised trade body, they have been trained in wills and estate planning. Our will writers are legally qualified & belong to SWW

  • They might not be able to store your will securely like a solicitor can. New Approach has approved storage facilities.

Using a will writing service – before you start

Choose a service that has at least £2 million of professional indemnity cover - if things go wrong, this gives you a better chance of compensation. New Approach Wills has full indemnity cover

Check that the service belongs to one of these organisations:

  • The Society of Will Writers. We are members.

  • The Institute of Professional Will Writers

Members of these organisations must:

  • Have training that’s regularly updated

  • Be insured to cover legal costs if your will is challenged, and

  • Follow a code of practice approved by the Trading Standards Institute

New Approach Wills, ticking all the right boxes.

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