A mirror Will is a Will that is almost entirely the same as another person’s Will, except for a few small differences. Mirror Wills are a popular choice as part of inheritance planning. The only difference between the Wills is the name of the person writing the Will, the name of the person or people being left their Estate and, any personal funeral plans or other individual arrangements the writer may have.
Whether the person is married or not, many people prefer to have almost identical Wills to make sure that all of their money, property, and belongings are passed on to their partner or spouse if they pass away.
The Wills can leave everything to the surviving partner, or have everything left to children in the event that both partners die at the same time. Like individual Wills, mirror Wills can be as simple or detailed as they need to be to accommodate your circumstances.
If you are married, entering into a civil partnership, moving in with a partner, or starting a family, then it is a good idea to think about mirror Wills as soon as possible. This is especially important for unmarried couples, because a person’s unmarried partner would not automatically inherit their Estate if the other passes away.
Even though they are virtually identical, mirror Wills are still considered to be individual Wills and not combined legal documents. If there are any changes that need to be made to a mirror Will, then these will need to be made to both Wills to make sure they are up to date and reflect each person’s wishes.
Capital Life offers affordable and easy to understand Will writing packages, with big savings for pairs of mirror Wills. Book a free Will review right away and speak to an expert legal advisor about your options.