Often when we mention to a person the importance of having a valid Will in place they will say to us, “that’s a bit morbid” or, “I’m far too young for that”. However we can’t stress enough that it’s vital to have a Will in place.
The Problem with Couple’s Having ‘Mirror Wills’:
When a married couple decide to update their wills it’s a common practice for them to enter into what is termed as a ‘mirror will’. This type of will provides that their entire estate will go to their spouse when they die and then when their spouse subsequently dies, the entire estate will go to the couple’s children.