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ABS countdown | Accountancy, masters of MDPs

ICAEW’s intention to become a regulator for will-writing, probate and estate administration shows accountants are ahead of solicitors in the race to control the high street, says Stuart Bushell

6 July 2012

The news that the Institute of Chartered Accountants in England and Wales (‘ICAEW’) is applying to the Legal Services Board to become an approved regulator and licensing authority for probate activities under the Legal Services Act 2007 comes as no surprise. What is interesting is the accompanying announcement which provides an indication of how much more advanced the accountants are, compared to their solicitor counterparts, when it comes to recognising and pursuing the synergies of multi-disciplinary practice.

Accountants and solicitors have for long fought over the common ground of tax advice, with the accountants usually having the upper hand; and tax leads naturally into probate work. ‘Probate activities’ is defined in Schedule 2 of the Legal Services Act of 2007 (

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