What is a codicil?

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A codicil is an addition or modification to an existing will. It serves to update the terms of the will without the need to create an entirely new document. Codicils are used to make small changes, such as altering bequests, appointing new executors, or changing guardianship arrangements, while retaining the original will's remaining provisions.

This concept is vital for estate planning as it allows individuals to adapt their wills to reflect changes in circumstances, laws, or personal wishes. Understanding the function of a codicil is essential in real estate and estate planning as it can affect the distribution of property and assets after an individual’s death.

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