Mirror Wills are chosen by couples who would like to ‘mirror’ their wishes upon death.
These type of Will usually include:
- The name of the individual(s) or professionals (known as Executors) who will be responsible for administering
the couple’s affairs after the first person and then the second person dies ( these are commonly known as first and second deaths).
- If there are children under the age of 18 who are left behind on death then a Mirror Will will lay out who will act as the children’s Guardians.
- Details of any specific legacies or gifts to people, charities or other parties.
- It will include a request to pass the estate on the death of the first individual in the couple to the surviving person and then to the Beneficiaries, who have been mutually agreed, on the second death.
- It might also include powers for giving minors (where appropriate) access to money for general maintenance and educational needs up to the age at which you want them to inherit.
For general informational purposes only, not intended or to be taken as legal advice. To make sure it is appropriate for you please seek advice and contact us.