What is a Codicil?

We define a codicil as a legal document that is used to modify an existing will without completely replacing it. This document allows you to make minor changes to your will, such as adding or removing beneficiaries, changing the personal representative, or updating asset distributions. When is a Codicil Used? …

Estate Planning

Estate Planning Tips and Traps

A sensible estate plan is crucial to ensure a smooth and uneventful transition of your assets to your beneficiaries. While estate planning need not be overly complicated, here are some items that should be thoughtfully considered in consultation with a lawyer, tax accountant or financial advisor. Tip: Perhaps this is …

Estate Plan

5 Changes to Your Estate Plan After Separation

In the aftermath of separation most former spouses focus on issues such as parenting plans, child or spousal support and division of family assets. Often overlooked is making changes to your estate plan after separation, including changing the designations of your now former spouse as Executor in your Will, Attorney …