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A codicil is a legal document used to change or modify an existing will without drafting a new one. It is typically shorter than a will, detailing only the desired changes. You should create a codicil if you need to update beneficiaries or executors, add details to a section, include new provisions, or add new property. A new will is better when significant events affect many provisions, such as marriage, charity distributions, significant asset acquisitions, or other major life changes. Additionally, if the amendments needed are extensive, drafting a new will may be more appropriate.
