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A codicil is a legal document used to change or modify an existing will without creating a new one from scratch. It is typically shorter than a last will, focusing only on the specific changes. You should create a codicil if you need to add or modify beneficiaries, executors, or details of the will, include new provisions, or add new property. However, it’s better to draft a new will when a major event significantly impacts multiple provisions, such as marriage, large asset changes, or substantial changes in beneficiary designations. Consider making a new will when the planned amendments alter many aspects of the original document.