Non-tax effective Mirror Wills
$528 includes GST
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Build on a law firm’s website.
✓ two Mirror Wills
✓ Free updates for life
✓ Free advice for you
✓ Free advice for Executors and Beneficiaries
What are non-tax-effective Mirror Wills?
Press START BUILDING FOR FREE to build non-tax-effective Mirror Wills.
Mirror Wills are for couples who leave everything to each other first.
After both of you die, the Wills leave everything to the same beneficiaries.
(Not leaving everything to each other first? Build two separate non-tax-effective Single Wills instead.)
Upgrade your protection to a 3-Generation Testamentary Trust Will
Non-tax-effective Mirror Wills cost less to build. However, they do not offer the stronger wealth protection found in our 3-Generation Testamentary Trust Mirror Wills.
1. No Superannuation Testamentary Trust
Adult children pay up to 32% tax on superannuation after your death. The Superannuation Testamentary Trust in the tax-effective Wills helps reduce that tax. Non-tax-effective Mirror Wills do not contain that protection.
2. No Divorce Protection Trust
If a beneficiary divorces, the Divorce Protection Trust helps protect the wealth you gave them in your Will. These non-tax-effective Mirror Wills do not contain a Divorce Protection Trust.
3. No Bankruptcy Trust
If a beneficiary goes bankrupt, the Bankruptcy Trust helps protect the assets you gave them in your Will. These non-tax-effective Mirror Wills do not contain a Bankruptcy Trust.
4. Does not reduce de facto death taxes
The 3-Generation Testamentary Trusts in the tax-effective Wills help reduce Australia’s de facto death taxes. Those taxes include CGT, income tax, stamp duty and the 32% tax on superannuation. These non-tax-effective Mirror Wills do not contain that protection.
Upgrade your Wills to 3-Generation Testamentary Trust Wills
Best protection: Couples Estate Planning Bundle
The Couples Estate Planning Bundle includes 2 tax-effective 3-Generation Testamentary Trust Mirror Wills and 4 POAs. This is usually the best option for couples.
Tax-effective Wills only: 3-Generation Testamentary Trust Mirror Wills
The tax-effective Mirror Wills include 2 tax-effective 3-Generation Testamentary Trust Mirror Wills. They do not include POAs.
Free storage and monitoring of your Wills
Your original signed Wills are valuable. Keep them safe. Tell your Executors where they are stored. You may also email your Executors a copy.
You can store the signed Wills at home, at the bank or with your Executors.
Alternatively, store your signed Wills at no cost with a law firm specialising in Will storage and death notice monitoring. When you die, that law firm uses its best endeavours to get the original Wills to your Executors. Storage is free.