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This presentation explains codicils and will alterations. A codicil is a testamentary instrument similar to a will, executed with the same formalities. It supplements an existing will by adding new provisions, amending current ones (e.g., changing the value of a gift), or revoking specific provisions without canceling the entire will. Clients often prefer codicils for minor adjustments, as they can be more cost-effective than creating a new will. To be valid, a codicil must be signed and witnessed as required for a will. Additionally, a codicil republishes the will it refers to, treating it as if it were newly executed.
