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What is a Codicil and when is one needed?

Posted on Tuesday, 15th December 2015 by

what is a codicil

 

 

 

 

 

A Codicil is a testamentary document similar to a Will which amends a previously executed one. It supplements a Will either adding to, amending or revoking part of it. There is a small fee for a Codicil which saves costs in redrafting a new Will, if this is not necessary.

save money with a codicil

 

 

 

 

 

A Codicil is a good way to make changes if there are minor alterations that you wish to make. A Will is read in conjunction with any Codicil and can make a small change e.g. appointing new Executors or changing a gift.

If there are quite a few changes that need to be made to a Will, then it may be advisable to make a new one altogether to avoid the risk of inconsistencies between the Will and the Codicil. If a Testator does not want anybody to see their amendments (for example, because they have removed a beneficiary), they should make a new Will, because if they make a Codicil both the original Will and the Codicil are available to the public after probate.

codicil is public

 

 

 

 

 

A Codicil is executed in the same way as a Will; it must be signed and witnessed in order for it to be valid.

It is advisable to review your Will at least every 2 years or when there are significant changes to your life, as this can help to ensure that if any circumstances have changed then this is properly portrayed.

We would not advise that you attempt to create a ‘home-made Codicil’ as you could in fact end up revoking the entire Will.

If you need a review of your Will then please call the Wills team on 01509 212 108 to book a 30 minute free appointment.

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The information provided in all of our blogs reflects only a narrative of some elements to consider on the topic. The blogs do not contain considered legal advice and should not be relied upon as advice. Please see our website terms and conditions for full details of our disclaimer. If you are interested in obtaining advice, please contact one of our lawyers who will be happy and able to advise you on your own particular circumstances.

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Emma Fuller - Wills, Probate and LPA
Emma Fuller - Wills, Probate and LPA
emma.f@ehlsolicitors.co.uk 01509 212 108
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