Codicil for last Will & Testament
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A Codicil for a Last Will & Testament is a written supplement, which alters or
modifies the Last Will & Testament and is typically used when the proposed
modifications are deemed minor and not of enough importance to justify rewriting
the entire Last Will & Testament, or when time constraints prohibit rewriting
the entire Last Will & Testament. A Codicil does not supersede a Last Will &
Testament but rather ratifies and republishes those parts in the Last Will &
Testament that are not changed. The Codicil becomes part of the Last Will &
Testament and the two are read as one document.
- Two pages, one-sided, 8.5 x 11
- Can be notarized
- Includes Proof of Codicil
- Allows you to amend your Last Will & Testament
Downloadable Do-It-Yourself Estate Planning Forms & Kits
Estate Planning. To insure who inherits
your estate after you pass away you need to have completed your estate planning. If you
do not, then you have no say as to who inherits your assets after your death. Complete
estate planning includes a power of attorney for finances, healthcare, a living
will (healthcare directive) as well as a last will & testament. Many people
that have real property choose a revocable trust to prevent probate of an estate.
A trust also includes powers of attorney, living wills, burial instructions, HIPAA
waiver and much more.
By having powers of attorney done you know that the people
you want will be making financial and healthcare decisions for you when you are
not able and by having a will or trust done your estate will be distributed to those
that you want it to be distributed to.
Probate. After someone dies, their estate
(assets) are distributed to their heirs, whether they have a will or not. This court
process is called "probate."
Probate may not always be necessary, as it depends on the
value of the assets and they type of assets. In some instances, probate may be preferable
when there are debts to be paid or if you think, there might be a dispute over the
division of the estate by any of the heirs. Removing the deceased person's name
from a real property deed (home) most always requires probate unless the property
has been transferred into a trust prior to death.
Powers of Attorney
Last Will & Testament