Inheritance Matters is the official publication of the Institute of Professional Willwriters. Founded in 1991 as a self-regulatory body, the Institute safeguards the public from unqualified and unethical business practices.
Membership is only available to those who pass the independently assessed IPW entrance examination or equivalent. Members are required to update their knowledge and skills annually through a programme of Continued Professional Development in order to retain their practicing certificate.
All IPW members must have Professional Indemnity Insurance cover to meet a minimum of £2 million and comply with a rigorous Code of Practice, which is approved by the Trading Standards Institiute under its Consumer Codes Approval Scheme.
In total IPW members write around 50,000 wills per year, generating a fee income from members of approximately £9 million. The value of estates dealt with by wills written by members of the IPW exceeds £4 billion annually.
The IPW now allows a limited amount of advertising within Inheritance Matters for appropriate charitable organisations wishing to benefit from bequests and for companies looking to target the Will making market – either Will writers or their clients. The publication is produced quarterly and provides readers with updated information on best practice as a result of changes in case law and legislation, issues related to running a Willwriting business and technical training events. Inheritance Matters is distributed to IPW members, other Willwriters, people who work in legacy promotion and administration in the charitable sector, financial advisers and accountants.