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A mutual will is a legal arrangement between two parties, typically spouses, where both agree to a set of terms regarding the distribution of their assets after one or both pass away. The primary benefit is that it provides certainty and security for both parties, ensuring that their wishes regarding asset distribution are honored and cannot be altered without mutual consent. This can help prevent disputes among heirs and provide peace of mind, knowing that one partner's death will not lead to changes in the agreed-upon provisions.

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1mo ago

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