An amendment to a will is called a codicil. It can be used to add or delete provisions or substitute a new provision for one that's already in the will. A codicil must be signed in the same way as your original will: with witnesses, necessary intent and mental capacity to make the codicil.
Do I need a New Will?
If the proposed change to a will is simple (such as changing the name of the executor of the will), a codicil may be appropriate. A codicil shouldn't change the meaning of the overall purpose of the will or create any conflicts about who should get what property.
When you have many changes, it might be best to create a new will to track and preserve the overall meaning of the will.
Drafting a codicil
Here are some things to consider when adding a codicil. It should:
- Specify which portions of the will are being changed and the changes you wish to make
- State that the changs are effective on the date that the codicil was signed.
- State whether any original provisions of the original will affected by the codicil
Multiple documents, cancellations and reinstatements of parts of a will can get confusing so it may be simpler to draft a new will to make sure that your intent is clear. Destroying or writing "revoked" across the codicil document might not be enough to make intent clear even though the language is explicit.
Most of all, there should be little room for the will to be challenged by an upset heir when the meaning of the will is unclear.
Revoking a past will
When making a new will revoking a former one, the new will should specifically state that it's doing so to ensure that your intent that the most current will cancels any older versions. If a will or codicil doesn't mention that the updates revoke the previous version, then your intent on adding the codicil or making a new will altogether may be called into question and end up creating a lawsuit among the "wronged" beneficiaries.
Questions for Your Attorney
- I want to make a change to my will. Do I have make a entire new will?
- Can I use codicils to make changes to my will whenever I want to?
- Can I rip up the codicil to my will and replace it with a new codicil