Codicil

Codicil

A codicil is an addendum of any kind to a will. Therefore, the term codicil translates into the literal meaning of a little codex, or little book, which is a little bit of writing on a small piece of writing material, used to add to or change something about a larger piece of writing. All codicils must meet the same legal administrative requirements as the original will and testament, and they must each affirm that the original will is valid except for the changes outlined inside. Because of the serious nature of codicils and their power to change the entire will, two witnesses are usually required to sign when a codicil is added, much like in creating the original will itself. Some legal experts believe that you shouldn’t just rely on a codicil, but that it may be advisable to draw up a new will altogether if changes are warranted, especially since much of the legal proceedings are similar.

What is a Codicil

A codicil is an addendum of any kind to a will. Codicils can alter, change, add to or subtract from the provisions in the will. They can be used to keep a will and testament current and up to date.

BREAKING DOWN Codicil

Codicils must be created by the original creator of the will. They are separate documents in and of themselves and can lead to either minor or major changes in the will. All codicils must meet the same legal administrative requirements as the original will and testament, and they must each affirm that the original will is valid except for the changes outlined inside.

Codicils derive their name from the Middle English term codicill, which is from the Anglo-French codicille and the Latin codicillus, which meant a writing tablet and codex, which meant book. Therefore, the term codicil translates into the literal meaning of a little codex, or little book, which is a little bit of writing on a small piece of writing material, used to add to or change something about a larger piece of writing. In this case, the codicil is adding, subtracting, or changing the provisions of a will. The use of a codicil can be traced back just as far to ancient times in 1400, when, for instance, an heir needed to be named.

Example of a Codicil

Even though a codicil is technically an addendum to the original will, it can change the terms of the will entirely or null and void the original will. Because of the serious nature of codicils and their power to change the entire will, two witnesses are usually required to sign when a codicil is added, much like in creating the original will itself. Some states, however, have loosened the legal regulations surrounding codicils and now allow for them to notarized at a public notary.

You may be familiar with codicils from movie scenes in which a will codicil is dramatically revealed at the last minute to the astonishment of family members. However, in real life, codicils very rarely produce much drama and are used more for changes that don’t warrant drafting up an entirely new will. Some legal experts believe that you shouldn’t just rely on a codicil, but that it may be advisable to draw up a new will altogether if changes are warranted, especially since much of the legal proceedings are similar.

Related terms:

Addendum

An addendum is an attachment to a contract, such as a life insurance policy, that adds or removes coverage. read more

Deed

A deed is a signed legal document that transfers the title of an asset to a new holder, granting them the privilege of ownership. read more

IOU

An IOU is a document acknowledging a debt. IOU is a phonetic version of the words "I owe you." Learn how IOUs work and when they are legal. read more

Irrevocable Trust

An irrevocable trust cannot be modified, amended or terminated without the permission of the grantor's named beneficiary or beneficiaries.  read more

Last Will and Testament

A last will and testament is a legal document detailing your wishes regarding assets and dependents after your death. Find out how to make a will.  read more

Notary

A notary is a state-appointed official who witnesses important document signings and verifies the identities of signers to help deter fraud. read more

Power of Attorney (POA)

Power of attorney (POA) is legal authorization for a designated person to make decisions about another person's property, finances, or medical care. read more

Testamentary Will

A testamentary will, aka a traditional last will and testament, is a legal document used to transfer a person's assets to beneficiaries after death. read more

Will

A will is a legally enforceable declaration of how a person wishes his or her property to be distributed after death. read more