Mirror wills

Querist : Anonymous (Querist) 08 November 2011 This query is : Resolved
Dear Experts
Please tell me the basic difference between a Will and Mirror Wills. Please explain in details.
Thanks & Regards

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Sankaranarayanan (Expert) 08 November 2011
A document in which a person specifies the method to be applied in the management and distribution of his estate after his death.

Mirror will is the wills of a husband and wife which are identical except that each leaves the same gifts to the other, and each names the other as executor
When a husband and wife execute wills with respect to the same property independently, in each others name, such wills are called mirror wills. Mirror wills are individual wills. They are separate legal documents with same contents. The wife and the husband are both a beneficiary and an executor.

Under a mirror will the husband or wife leaves everything to each other respectively when one partner expires. If both husband and wife die together then the property under the will shall be directed to their children. If there are no children then the property will devolve upon the named beneficiary. Usually mirror wills serve as estate planning tool for families.

Querist : Anonymous (Querist) 08 November 2011
Dear Expert,
Please tell me if a Will is to be prepared in a stamp paper or in a white sheet. If it is not in white sheet then in case of Notarization what is the value of stamp paper to be used. As this document is not registered before the registering authority.

Regards

ajay sethi (Expert) 08 November 2011
you ahd raised this query earlier too when we had told you no stamp paper is needed.

prabhakar singh (Expert) 08 November 2011
repeated but opinion advanced is correct.

Sailesh Kumar Shah (Expert) 08 November 2011
rightly answered by Shri Sankar.

and no need of stamp paper.

Sailesh Kumar Shah (Expert) 08 November 2011
Perhaps, it is not repeated.

Querist : Anonymous (Querist) 09 November 2011
Dear Experts,
Thanks to all of you. This query perhaps is on first time on mirror wills and the aspect of registration came as because my client insist strongly to execute a will only on stamp paper.
Thanking all of you once again.

Regards

prabhakar singh (Expert) 09 November 2011
why lawyers use anonymity option,can you please let me under stand before parting us.

Sailesh Kumar Shah (Expert) 09 November 2011
Welcome!!!!!!

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