Published on: 28th December 2020

What does a Will Writing company do?

There are a number of Will Writing companies throughout the country who specialise in Will Writing, Estate Planning and Estate Administration. In this article we are going to discuss the various types of Will Writing companies and what they actually do!

Different types of Will Writing companies

There are a range of options when it comes to Will Writing companies but generally, they fall into three categories being  one man bands, large national Will Writing companies or a Will Writing company like Casey & Associates which is larger than a one man band but  smaller than a large, national Will Writing business.

One man band

One man band Will Writers can offer an excellent, personal service to their Clients and will often be well qualified. The problem with a one man band, and where we would suggest caution is that you are solely reliant on the individual working there. What happens if they are taken ill or they retire? Or move on to another profession? Will they store your Will for you and help to administer your Estate? These are key questions to consider, so we recommend that you consider these points if you are thinking of engaging a one man band Will Writer.

Large, national Will Writing company

There are a number of large, national Will Writing companies in the market. Although there are some fantastic national businesses out there, the personal touch can often be lost and staff can become very process driven as they are often dealing with a large number of cases at any one time. You may also end up with a very junior team member with a larger Will Writing business so it is always best to check the qualifications and credentials of the team member working on your individual case.

Casey & Associates

Although a little biased, we believe our team at Casey & Associates is the ideal size for a Will Writing company. We are small enough that we can offer the level of customer service that a one man band can provide with our free, no obligation, three yearly reviews, but large enough to offer the security and reassurance of a larger, national business.

One of the significant benefits Casey & Associates has over a one man band is that we already have a succession plan in place that will enable complete continuity of service for our Clients as Hugo, the son of Practice Director Hugh has worked in the business for over 11 years already and will eventually take over the running of Casey & Associates. Not only does this mean the business will continue to be family owned and run, but Hugo will have worked with many Clients already and the culture of the business is ingrained in Hugo, a culture that he has helped develop.

So what does a Will Writing company do?

Now you know the various types of Will Writing companies, what does a Will Writing company actually do? Here are some key services that most will offer:

Will Writing

Unsurprisingly, Will Writing is usually a core service for most Will Writing companies. Having a valid and up to date Will in place is the only way of guaranteeing that your assets will be passed on as you wish.

Estate Planning

Estate Planning is another key service offered by most Will Writers. An up to date Will forms the foundation of a good Estate Plan. A good Estate Plan will give Clients peace of mind that their beneficiaries are taken care of, and will also look at ways of protecting assets and maximising Inheritance Tax reliefs.

Estate Administration

The process of administering an Estate can be an extremely onerous task so many Will Writing companies will offer an Estate Administration service to support their Clients and families at a difficult, stressful and emotional time.

Lasting Powers of Attorney

For most people, it is very important to have Lasting Power of Attorney documents in place. A Lasting Power of Attorney is a document which gives the legal authority to  people whom you choose and trust to make decisions on your behalf should you either lack mental capacity or not want to make decisions yourself.

Trusts and Assets Protection

Will Writing companies use a number of Trusts and Assets Protection trusts to protect and preserve  particular assets, allowing them to be set aside for an intended beneficiary and passed on to them at a particular time in the future. Will Writing companies will advise on whether and how these should be implemented in your Estate Plan.

Will Storage

One of the most important services a Will Writing company can offer is Will Storage. Here at Casey & Associates, we have a secure Will Storage facility that is easy to access when required.

If a Will cannot be found then it cannot be used to distribute your assets so having your Will securely stored, and informing your beneficiaries of where this is stored, is highly recommended.

We hope you have found this a useful guide about what Will Writing companies do, and the various options there are available to you. If any questions have arisen while reading this article then do get in touch with our helpful team by filling in the contact form on our website or giving us a call on 01732 868190.

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Our Covid-19 policy is now that if you wish to give instructions or require general information about our Wills, Lasting Powers of Attorney or Trusts then we will carry out a telephone or Zoom appointment. However, if you wish to give instructions to one of our Consultants and you feel that you can only do this at a Face to Face meeting we are offering, at our Consultant’s discretion, a limited number of Face to Face appointments in most of the areas we normally cover (subject to Government advice). To see the areas we normally cover please click here. To arrange an appointment please telephone 01732 868190 or click here.

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