What is a Mutual Will and when might you need one?

When drafting a Will, it is important to consider your options and the different types of Wills that may be suitable for you depending on your life circumstances. In this article, we look at what a Mutual Will is, how it differs from a Mirror Will, along with the advantages and disadvantages of a Mutual Will.

What is a Mutual Will?

Mutual Wills are Wills usually made between two persons - often spouses or partners. Mutual Wills are done simultaneously and are usually accompanied with a binding contract which both parties execute, agreeing to not change or revoke their Wills, without the express permission of the other party. This remains the case even in the event of one of the parties' death or incapacitation.