Gifts to anyone, as required. May be used as "mirror" wills.
Everything given to the other of them. If the other dies first,
or they die together, then estate divided into 2 parts (or any
number of parts, or not divided at all) and given to brothers
and sisters or others. Trust provisiors. Suitable for:married
couple, no children, any circumstances.
About this document
This will provides for the testator to give gifts of either money or personalty or anyone they choose. The main portion of their estate passes to their partner or spouse.
This will is the Net Lawman “mirror” wills. That is, you can use the same will for both yourself and your spouse, so that whoever dies first, receives the benefit of the other’s estate. On the death of the second testator, the estate passes to the person chosen by both parties in life. Where they both die together, the estate is divided and given to their brothers, sisters or anyone so specified.
A note on mirror wills: the laws gives the right to every indidivual to be able to dispose of their assets in any way they like (well, almost). That means that a will can be revoked at any time. So either of the couple may revoke their will and choose to create a new one, even if they previously agreed to create a mirror will. The law does not stop this from happening. So, if you do decide to make a mirror will, it is a good idea to also sign a separate agreement with your spouse to confirm what you both intend. You should then give a copy of these papers to your trustees, executors and or the beneficiaries under your wills.
Remember: mirror wills do not have to be ‘mirrors’ of each other. They do have to include the same gifts but not necessarily using the same words.
This mirror will is suitable for a married couple, or life partners, whether they have children or not.
The Net Lawman wills are suitable for most situations. If the will you need is not here, we can draw a will to your precise instructions for a very reasonable fee.
In these descriptions: “remainderman" means the person entitled to capital and any accumulated income after the death of a person with a life interest (a “tenant for life”).
Application
and features
Comprehensive templates - delete what you do not need
Inclusion of sensible administrative provisions
Use of plain English
Comprehensive explanatory notes
Contents
Details of the testator
Details of executors and trustees
Specified gifts of money
Specified gifts of property (personalty or real estate)
Gift of residue to spouse
Provision for professional trustees or executors to charge a reasonable fee for their services
Trust fund management
Trustees general powers
Consent required
Minor beneficiaries
Relationship with beneficiaries
Funeral wishes
Extensive notes to guide you
Word
Count (approximate):
Document: 1860
words
Explanatory notes:
1910
words
Draftsman
This document is drawn and maintained by Net Lawman. It is real law in plain English.