Codicil

What Does Codicil Mean?

A codicil is a legal document used to make amendments or changes to an existing will.

Insuranceopedia Explains Codicil

A codicil is intended to make minor modifications to a will, rather than major changes. For example, it can be used to update a beneficiary’s name after a life event such as marriage or divorce. The testator can create multiple codicils over their lifetime, as long as they are mentally competent at the time of writing.

However, if the testator wishes to make significant revisions, such as removing a beneficiary, it is recommended to draft a new will. This helps avoid misunderstandings or misinterpretations by the probate court, which will be responsible for making decisions regarding the will.