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In this video, estate planning specialist Daniel Hunt discusses whether you should consider updating your will using a codicil. A codicil is a legal document that modifies specific provisions of an existing will without the need to rewrite the entire document. It functions similarly to an amendment for a revocable living trust. While codicils were more common before the advent of word processing technology, they are now less frequently used in California. Hunt highlights that nearly everyone who owns a home in California should create a revocable living trust-based estate plan, making the need for codicils less prevalent in current estate planning practices.
