Mutual Wills

Mutual Wills definition

/ˈmjuːtʃʊəl//wɪls/

What does Mutual Wills mean?

Wills made as a result of an agreement between the parties to create irrevocable interests in favour of ascertainable beneficiaries.

Mutual Wills explained

If a testator revokes a mutual Will, equity will protect and enforce the interests created by the agreement for the benefit of the beneficiaries.

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