Mutual Wills

Mutual wills are the kind of wills in which two people agree to formulate a will on the mutually agreed terms and conditions. The testator creates the other person as his/her legatee in these wills. Generally, married couples who have children from their first marriage create such wills to esnsure the interest of those children. The terms and conditions of the will remain binding on the surviving partner after the death of first partner. Mutual Will helps to ensure that the property passes on to the children of the deceased and not a new spouse of the surviving partner in case they remarry.