Codicil
The reduction, elimination, or suspension of a legal proceeding, charge, or financial obligation.
What is Codicil?
A codicil is a legal document that modifies, amends, or adds provisions to an existing will without replacing it entirely. It must be signed and witnessed according to statutory requirements to be valid.
Why It Matters?
It allows testators to update their will easily while preserving the original document’s legal effect.
Example
A person adds a codicil to their will to include a new beneficiary for a specific piece of property.
Related Terms
Mediation
Litigation