What is a Codicil and when is it appropriate?
It is common for an individual to make a Will and wish to change part of it afterwards. It may be difficult to decide whether a new Will is required or whether a Codicil can be made instead.
A Codicil is a legal document that is separate from a Will. This separate document will modify or add to an existing Will without the need to revoke it and put in place a new one. A Codicil needs to comply with the same execution requirements as a Will and once executed, will be stored alongside your Will.
When is a Codicil appropriate?
A Codicil can be considered for:
- Adding a specific legacy (gift)
- Replacing an Executor(s)
- Revoking a specific legacy
- Updating the beneficiary of a specific legacy
- Replacing guardians for your children
- Adding funeral wishes
When is a Codicil not appropriate?
A Codicil is not appropiate when:
- Getting married without having a provision in your Will for the contemplation of such marriage – Marriage will revoke the Will.
- Divorce – A new Will is recommended.
- Multiple changes or changes to residuary beneficiaries.
- Relationship changes where your ex-partner inherits under your current Will.
- Putting in place a Trust in your Will.
- If you have already created several Codicils.
If you would like to discuss amendments to your Will, our private client team is here to provide advice and assist you with deciding how to proceed.
Contact Us
Our team is made up of highly experienced lawyers who are specialists in this area of law.
Contact us on 0330 300 1103 or 01924 868933 or request a call-back.