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Murray Beith Murray LLP is a leading Scottish private client law firm.

For 175 years we have specialised in meeting the legal, financial and administrative needs of individuals and families, family trusts, charities and private companies.

Call us today on 0131 225 1200
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Mutual Wills and their Pitfalls

Mirror wills v mutual wills – to bind or not to bind?

Solicitors welcome individuals who require mirror wills with their partner. As the name suggests, terms of mirror wills are identical but in reverse. Such wills usually make provision for everything to pass to the surviving partner. On the second death, the entire estate tends to pass to a third party, commonly their children.

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What happens to your digital assets on death?

We live in an increasingly technology dependent society as more of our assets are stored, accessed, and managed electronically. It is estimated that 70% of 65-74 year olds are now online. In 2014, as much as 40% of 45-54 year olds regularly used social media, with 22% of those aged 65 or over owning a tablet. This embracement of technology amongst older generations is only likely to increase in future years.

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Bond of Caution

 “Be prepared and don’t throw [bond of] caution to the wind”

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With the best of intentions

It is often a sense of duty that drives us to make a Will. We feel it is our own responsibility to put our personal affairs in order. For some, it is to avoid this burden falling on our families. For many, it is to take control of the distribution of our estates, to make sure it is shared among the right people, in the right proportions. For others, it is to minimise the potential for conflict after we are gone.

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Call us today 0131 225 1200 or get in touch with us via our online enquiry form