What is a Codicil?
Our Denver Estate Planning Lawyer Helps Modify Your Will
A codicil is a legal document that amends or revises your last will & testament. Typically, it is used to add or delete a beneficiary and/or to change your choice for personal representative. It also can also be used to delete or add other legal provisions or personal wishes from your original will.
A codicil is less expensive than the preparation of an entirely new will. However there are drawbacks. Your codicil may accidently or intentionally be destroyed or lost. For this reason, it may be preferable to draft a new will and destroy or revoke the old one.
Are You Considering Creating a Codicil to Your Will?
Benefits of drafting a codicil:
- A cost effective alternative to a new will
- Useful for correcting or changing minor issues
- A simple alternative if this is your first time changing your will
However, depending on your circumstances and the amount of changes you want to make. It may be easier to simply draft a new will to avoid confusion. It is in your best interest to speak with an experienced estate planning attorney in Denver to help figure out which option is best for your situation.
The James A. Littlepage Law Offices provide detailed and personalized estate planning services to individuals throughout the Denver area and other front range communities, including the preparation of wills and codicils.
Contact the Denver estate planning lawyer at our firm if you need of help drafting a codicil to be added to your will.