Writing a Will can feel like a minefield of legal jargon, confusing forms and things you really don’t want to think about. But, it shouldn’t be that way. Over the next few weeks, we are going to look at some of the most common phrases you may hear when discussing writing a Will. These short five-minute reads will arm you with the knowledge you need to feel confident in putting the best plans in place for you and your loved ones. This week… the difference between a Single or Mirror Will.
Single vs Mirror Wil
There are a few different types of Wills that you can write but, for most people, a simple Single or Mirror will be sufficient. A Single or Mirror Will takes care of the basics but, you can add in trusts to protect your share of jointly owned property, your children and/or vulnerable members of your family. But, we’ll tackle trusts in a later post.
So, what are the differences between a Single Will and a Mirror Will?
This is a Will written by an individual to document their wishes, and how they would like their estate to be treated when they pass away. However, a single Will is not limited to single people. You can write a Single Will if you are in a relationship, married or in a civil partnership. In fact, if your partner already has a Will or their wishes differ to yours then a Single Will is your best option.