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In this presentation, we explain codicils and will alterations. A codicil is a testamentary instrument similar to a will, executed with the same formalities. It typically supplements an existing will by adding provisions, amending existing terms (such as altering the value of a gift), or revoking specific provisions without revoking the entire will. Clients often prefer codicils for minor changes, as they are more cost-effective than creating a new will. The requirements for a valid codicil mirror those of a valid will, necessitating signature and witness. A codicil effectively republishes the will it references, treating it as if it were newly executed.
