Accountancy body approved to authorise and regulate probate activities

balance sheetThe Association of Chartered Certified Accountants (ACCA) has been formally approved to authorise individuals and firms to carry out probate work.

ACCA was one of the first professional accountancy bodies to be designated an approved regulator for probate activities in 2009, and has since successfully applied to the Legal Services Board to authorise practitioners to undertake probate work across England and Wales.

Ian Waters, head of standards at ACCA, said: “This is an important development for practitioners who will soon be able to provide highly valued and comprehensive support to their clients following a bereavement."

Ian went on to say that the ability to offer legal services, including the reserved activity of probate, complements existing services provided such as inheritance tax planning, estate management and wealth management.

ACCA members seeking to become probate practitioners will be required to achieve and maintain competence to carry out probate activities. ACCA will provide the relevant skills training and support for members.

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