Accountants could receive probate powers
News Article - 30 July 2007
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Members of the Institute of Chartered Accountants in Scotland (ICAS) working in England or Wales may soon be able to prove wills under new rights which look set to be approved.
The legal services consultative panel has recommended to the Ministry of Justice that ICAS be given approved body status and be allowed to provide probate services, the Scotsman reports.
Solicitors could usually only undertake the preparation of papers to gain a grant of probate, which is necessary for the distribution of funds by the will's executor.
The recommendation follows an 18-month consultation which found that the institute's proposals were in the public interest.
ICAS now hopes that similar measures will be made in Scotland and plans to meet the Scottish executive to discuss possibilities, the publication reports.
The institute's chief executive Anton Colella said that the move would be beneficial to the public because it would provide greater choice without compromising quality.
"We intend to roll out a training programme for chartered accountants in England and Wales who wish to provide these services, ensuring that the public can have confidence that our members will offer a service which is of the highest quality," he added.
According to the Telegraph, those looking to apply for a grant of representation should speak to their accountant.
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