A codicil is a written supplement to a person's will, which must be dated, signed and witnessed under the same legal rules applicable to the making of the original will, and must make some reference to the will it amends. A codicil can add to, subtract from, revoke or modify the terms of the original will. When the person dies, both the original will and the codicil are subject to the probate process and form the basis for administration of the estate and distribution of the assets of the deceased.
A codicil is used to avoid rewriting the entire will. A codicil should reference each section number of the will and the specific language that will be affected. It is important that a codicil is as clear and precise as possible to avoid undue complications.
Statutory provisions in the various jurisdictions specify the formal requisites of a valid will. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
North Carolina Changing Will with Codicil to Will Revoking Bequest and Devise: In North Carolina, individuals have the opportunity to modify their wills through a legal process called "Changing Will with Codicil to Will Revoking Bequest and Devise." This process allows testators to make amendments or revoke particular bequests and devises stated in their wills. A codicil refers to a legal document that acts as an addendum to an existing will. This document contains specific instructions regarding changes to be made to the will, such as revoking or altering particular bequests and devises. By using a codicil, individuals can update their wills without having to create an entirely new document. Some common scenarios under which someone might consider executing a North Carolina Changing Will with Codicil to Will Revoking Bequest and Devise include: 1. Change in Beneficiaries: If a testator wishes to modify or remove a specific beneficiary from their will, a codicil allows them to do so. This could be due to changes in relationships, the beneficiary's circumstances, or personal preferences. 2. Alteration of Bequest or Devise Conditions: The testator may want to change the conditions associated with a particular bequest or devise. This could involve modifying the terms for when the beneficiary receives the inheritance or adding additional requirements. 3. Revoke a Bequest or Devise: In some cases, a testator may decide to completely eliminate a bequest or devise from their will. This could be due to a change of heart, circumstances, or simply because the testator believes it is no longer appropriate. 4. Addition of New Bequests or Devises: Testators might want to include new bequests or devises in their wills. By executing a codicil, they can clearly state their intentions without having to create a new will. It is important to note that the process of executing a North Carolina Changing Will with Codicil to Will Revoking Bequest and Devise involves specific legal requirements. It is advisable for individuals to consult with an attorney specializing in estate planning to ensure the changes are properly documented and meet all legal criteria. By utilizing this legal procedure, individuals in North Carolina can rest assured that their wills accurately reflect their current wishes, enabling them to ensure their loved ones are provided for in the desired manner.
