Apart from wishing to make their own wishes clear for the distribution of their own money and property on death, they may wish to have elements of their Wills similar to each other’s or dependant on the action and/or status of each other.
The option of making two separate Wills is the most common in these situations. We can easily arrange this for you. However, there is also the option of making a Joint Will or a Mutual Will.
Joint Wills are Wills made by two (or more) people in one document but it is treated as a separate Will for each of them. This type of Will is rare nowadays but is used to effectively exercise a power given to two persons jointly to appoint by Will.
Two Wills are called ‘Mutual’ if there is an agreement between the two people making the Wills that the Wills should not be revoked (cancelled). The agreement is binding after the death of the first and any property to be distributed would be held under a trust. The arrangement is enforceable by any beneficiary (a person inheriting something under a Will) of the trust and would protect their inheritance.