It later became a requirement to include the Will in client advice. Some had a Will, others didn’t. And their activity matched the national statistic where only about 40% had a Will. And mostly it was of the one-size-fits-all variety. Heavy marketing by interested parties due to non-regulation of Will writing services and lack of proper information, kept it that way.
In 1996, I came across a Which? report on the value of Wills produced at that time. It was not pleasant reading. And was plain to me that, there was a significant shortfall in any financial plan that I made for a client, because often the work that we prepared was negated by the poor Will, or no Will. I therefore decided to find out all I could and couple financial planning work with ‘Wills and Estate’ matters, to give clients a more complete and superior class of service.
To be fully compliant with the law and training, it soon became impractical to provide both services to the standard I expected. So, Edmunds & Eve was born, to focus on the combined ‘legal & financial’ side of Wills & Estate matters, and provide a private client service that helped clients to preserve the wealth that they had built up in ‘their family’.