Exchange Currency

mutual will

A legal document signed by married couple to ensure the right disposition of wealth or property upon the death of either party. In order words, to ensure that properties of both or either couple is inherited by children rather than subsequent spouse, then a mutual will has to be drawn. Such wills cannot be annulled without the consent of either party, it can however be revoked on the occasion of divorce and if one of the parties re-marries.

Related information about mutual will:
  1. Mutual Will Definition | Investopedia
    A type of will, usually executed by a married or seriously committed couple, that is mutually binding. After one party dies, the remaining party is bound by the ...
     
  2. Joint wills and mutual wills - Wikipedia, the free encyclopedia
    A joint will differs substantively from a mutual will in that the former is not intended to be irrevocable or to express a mutual intention; it is merely an administrative ...
     
  3. Mutual Will Forms Package for all States
    A Mutual Will Provides Piece of Mind and both Wills are Mutual. This means that you and your spouse leave your property generally the same and both know ...
     
  4. Mutual will - Legal Dictionary - The Free Dictionary
    mutual wills n. wills made by two people (usually spouses, but could be "partners ") in which each gives his/her estate to the other, or with dispositions they both ...
     
  5. Joint and Mutual Wills
    A JOINT AND MUTUAL WILL is a contract between two spouses to dispose of their property in a particular way. Generally spouses verbally agree to make ...
     
  6. mutual will (law) -- Britannica Online Encyclopedia
    mutual will (law) ... finished and click submit, your modifications will be sent to our editors for review. The topic mutual will is discussed in the following articles: ...
     
  7. Joint Wills and Mutual Wills
    What is a mutual will? Mutual wills are wills where two or more testators make separate wills or make a joint will and in doing so agree to confer on each other ...
     
  8. Joint and Mutual Will | Get Free Legal Forms
    We declare that this mutual will is not made pursuant to any special agreement that such provisions have been made in consideration of the other one of us ...