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This presentation explains codicils and will alterations. A codicil is a legal instrument similar to a will, executed with the same formalities. It typically supplements an existing will, adding provisions, amending existing terms like adjusting a pecuniary gift's value, or revoking specific provisions without ifying the entire will. Clients often prefer codicils for minor changes as they are more cost-effective than creating a new will. To be valid, a codicil must be signed and witnessed like a will, and it effectively republishes the referenced will as if it were re-executed.
