A codicil is a legal document used to make amendments or additions to an existing Last Will and Testament.
It allows a person to modify specific provisions of their will without having to create an entirely new one.
Key points about codicils include:
Formal Legal Document: Like a will, a codicil is a formal legal document that must adhere to legal requirements to be valid. It typically requires signatures from the Testator (the person making the will) and witnesses.
Limited Changes: Codicils are generally used for minor changes. If significant changes are needed, it might be more appropriate to create a new will.
Reference to the Will: A codicil should reference the original will to which it pertains, ensuring that the changes are properly incorporated into the existing legal framework.
Naming Beneficiaries: Codicils can be used to add, remove, or change Beneficiaries named in the original will.
Revoking Provisions: A codicil can revoke or replace specific clauses or provisions in the original will.
Legal Formalities: Codicils typically need to be executed with the same legal formalities as wills, including proper witnessing and signing.
Organized Record keeping: It's important to keep codicils with the original will to ensure that all the modifications are clear and can be presented together as a comprehensive legal record.
Codicils offer flexibility for individuals who want to update their wills without completely redoing the entire document.
However, it's important to consult an Estate Attorney when making changes to a will in order to ensure that wishes are accurately reflected and legally sound.