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A codicil is a legal document that allows you to modify your existing will without drafting a new one. Unlike a last will, a codicil is shorter and specifies only the changes desired. You should create a codicil if you need to update the beneficiaries or executors, add details to a section, introduce new provisions, or include new property. However, it may be better to create a new will if a major event significantly impacts multiple provisions, such as marriage, a substantial change in assets, or a shift in intended distributions (e.g., from family to charity). In such cases, the updates might be too complex for a codicil.
