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Commonly Asked Questions about Mutual Wills for Parents

The inflexibility of mutual wills is a key disadvantage, making them less ideal for those anticipating docHub life changes. Consulting an estate planning attorney is recommended due to the legal complexities involved.
In simple terms, mutual Wills are an agreement, generally between two individuals, to make their Wills at the same time on agreed terms with a legally binding obligation that the Wills shall not be altered after the death of the first party.
Mirror wills, also known as a reciprocal wills, are wills that have similar provisions of disposition between spouses. Mutual wills, meanwhile, are wills that include a binding agreement that the testators will not change their wills after the death of their spouse. Not all mirror wills are mutual wills.
A husband and wife have created mutual Wills to the effect that they will not revoke their Will after the death of the first to die if it is then unamended and unrevoked, with no mention of what should happen during their lifetime or notice being given.
Most practitioners will recommend the use of a trust over mutual Wills as it will achieve the same aim but offer far greater flexibility.