Codicil
Codicil
A Codicil is a legal document used to make minor changes or additions to an existing will without rewriting the entire document. Key features include:
1. Supplements the original will rather than replacing it
2. Must be executed with the same formalities as a will
3. Typically used for small modifications such as:
– Changing beneficiaries
– Altering specific bequests
– Updating executor appointments
4. References the original will and clearly states the changes
5. Can be used multiple times for different amendments
Codicils offer a convenient way to keep your will up-to-date without the need for a complete revision. However, for significant changes or multiple amendments, creating a new will may be more appropriate. It’s crucial to ensure the codicil is properly drafted and executed to avoid confusion or potential legal challenges. As with any legal document, seeking professional advice when creating a codicil is recommended to ensure it accurately reflects your intentions and complies with legal requirements.