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Maine Mutual Wills Package with Last Wills and Testaments for Married Couple with Adult Children

State:
Maine
Control #:
ME-WIL-01457C
Format:
Word; 
Rich Text
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Description

The Mutual Wills package with Last Wills and Testaments you have found is for a married couple with adult children. It provides for the appointment of a personal representative or executor, designation of who will receive your property and other provisions, including provisions for your spouse and children. This package contains two wills, one for each Spouse. It also includes Instructions.


The wills must be signed in the presence of two witnesses, not related to you or named in the wills. If your state has adopted a self-proving affidavit statute, a state specific self-proving affidavit is also included and requires the presence of a notary public to sign the wills.


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  • Preview Mutual Wills Package with Last Wills and Testaments for Married Couple with Adult Children
  • Preview Mutual Wills Package with Last Wills and Testaments for Married Couple with Adult Children
  • Preview Mutual Wills Package with Last Wills and Testaments for Married Couple with Adult Children
  • Preview Mutual Wills Package with Last Wills and Testaments for Married Couple with Adult Children
  • Preview Mutual Wills Package with Last Wills and Testaments for Married Couple with Adult Children
  • Preview Mutual Wills Package with Last Wills and Testaments for Married Couple with Adult Children
  • Preview Mutual Wills Package with Last Wills and Testaments for Married Couple with Adult Children
  • Preview Mutual Wills Package with Last Wills and Testaments for Married Couple with Adult Children
  • Preview Mutual Wills Package with Last Wills and Testaments for Married Couple with Adult Children
  • Preview Mutual Wills Package with Last Wills and Testaments for Married Couple with Adult Children
  • Preview Mutual Wills Package with Last Wills and Testaments for Married Couple with Adult Children

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FAQ

The difference between them, however, is that in the case of mirror wills, there is nothing to stop either person changing their Wills, even if they are still with the 'mirror' person.

The doctrine of mutual Wills does not theoretically take away the ability to make a new Will revoking the mutual Will.So the practical effect is that a mutual Will is only revocable in accordance with the agreement (if at all).

As mutual wills are binding, the key purpose of such wills is to ensure that property flows to intended, agreed, beneficiaries. They are generally used to ensure that a testator's property can be enjoyed by another during his or her lifetime, but then passes to a third party, the 'ultimate beneficiary.

The reason is that making it impossible for the surviving spouse to change the terms of the will can turn out to be a very bad result. The survivorwho may live years or decades after the first spouse's deathcannot react to changed life circumstances, and the family may suffer as a result.

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Maine Mutual Wills Package with Last Wills and Testaments for Married Couple with Adult Children