A codicil is a written document used by attorneys and lay people to amend an existing will. By executing a codicil, you do not have to redraft your entire will. Instead, your codicil amends the existing terms of your will. Although using codicils made sense to people before the inventions of word processing software and computers, they may not make much sense now. Before we relied on computers … [Read more...] about Are Codicils Good Tools to Use When Amending Your Will?
If you already have a Will and need to make a change — say, to change your executor — you can execute an amendment known as a Codicil, which effectively becomes part of the original Will. A Codicil must be executed in the same manner as your Will, which generally means it must be signed in the presence of at least two witnesses. If there is a significant change in your life — marriage, divorce, … [Read more...] about When should I change my Will?