Did You Know?: Codicil

Ashutterstock_48810469Codicil [kod-uh-suh l]  

A codicil is a written change to an existing will. The advantage of modifying a will by use of a codicil is that the existing will still stands and the codicil updates only the particular terms outlined. Many people add a codicil to make a change to an executor, update guardians of minor children or add a beneficiary. As with the original will, a codicil must be dated, signed and witnessed.

Definition: Codicil

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