The Law Society has supported the introduction of mandatory regulation of Will writing, probate and estate administration activities.

The Institute of Chartered Accountants in England and Wales (ICAEW) has launched a consultation to become a regulator of probate work and a licensing body for alternative business structures (ABSs), Legal Futures reported in late June, citing ICAEW's draft application.

Reserving probate and estate administration services will cause ripples in the marketplace, but ABSs will make more waves.