What is the Institute of Professional Willwriters?

In certain cases, it is advisable to hire a professional to help you make a will. To ensure you receive service which conforms to the highest of standards, you may wish to hire a firm which is associated with the Institute of Professional Willwriters (IPW), such as Prestige Tax and Trust Services.

Writing a will

A will is a legal document where you outline what should happen to your estate (money, property, possessions etc.) when you pass away. It is advisable to make a will so you can provide for your loved ones after you die, ensuring your assets are handled according to your wishes.

In certain cases, you may have to tackle complex issues when making a will. For instance, if you own a company you will need to state in your will what should happen to your business e.g. who should inherit it, after you pass away. In these circumstances, you may want to enlist the aid of a professional will writer to ensure the document is legally sound. We would suggest that before you hire the services of a will writer, you check to see whether they are an IPW member.

Professional will writers

The IPW is the UK’s is a self-regulatory body for British professional will writers. Founded in 1991, the IPW was created to “safeguard the public from unqualified practitioners and unethical business practices.” Throughout its tenure, the IPW has become recognised as the official organisation for promoting and regulating will writing as a profession in the UK.

Within the organisation’s constitution, the IPW sets out its core aims and objectives. These include promoting the importance of creating a will to the British public, as well as the services of its members to UK consumers.  The IPW also advises the UK government on legislative issues which could affect its members, as well as ensuring that said members provide ethical, professional and competent services.

Enforcing proper conduct

The IPW campaigns to make it compulsory for all will writers to be part of a national regulatory scheme, to ensure the public receives effective will writing services. The IPW requires all members to adhere to its code of practise. Under its Consumer Codes Approval Scheme, this code is endorsed by the Chartered Trading Standards Institute, which is devoted to protecting consumer rights.

By hiring an IPW member to help you make a will, you receive help from a professional who is obligated to adhere to stringent standards. In order to become an IPW member, a will writer must also pass the organisation’s entrance exam. Alternatively, a will writer can gain membership to the IPW if they have earned an equivalent wills and estates qualification from a recognised qualifying organisation such as the Institute of Legal Executives or the Society of Trust and Estate Practitioners.

Prestige Tax and Trust Services

If you are looking for an IPW approved will writer, come to Prestige Tax and Trust Services. We are associated with RM Consultancy, which is headed by Robert Moseley LLB. (Hons) MIPW. Robert is a full IPW member and has been providing legal products services since the 1970s. Our association with RM Consultancy ensures that you receive a will writing services which conforms to the IPW’s stringent consumer protection standards when you come to Prestige Tax and Trust Services.

Advertisements
This entry was posted in Prestige Tax and Trust Services, Wills and tagged , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s