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A codicil is a legal document used to make changes to an existing will without starting over. It is typically shorter than a will, as it only details the desired modifications. You should create a codicil if you need to add or alter the names of beneficiaries or executors, modify specific sections, introduce new provisions, or include new property. Conversely, it may be better to draft a new will when significant life events affect multiple provisions, such as marriage, substantial changes in assets (like winning the lottery), or if the amendments would require extensive modifications that a codicil cannot efficiently address.
