You can use a Codicil to make straightforward changes to your Will, including:
- Changing the beneficiaries of your assets
- Changing the guardian for your children
- Changing your executor(s)
- Updating the name of an executor, beneficiary, or guardian
- Adding assets or gifts
- Adding or removing specific bequests
Can a Codicil revoke a Will?
Although a Codicil can amend a Will, there are better approaches for revoking a Will.
For example, you can revoke your Will by:
- Creating a new Will
- Creating a document of revocation
- Physically destroying the Will
Although you can physically destroy a Will to revoke it, it’s best to document the revocation in writing. To best understand how to revoke a Will, check the relevant law in your state or territory.