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Is there any value in doing your codicil in blood?
A codicil is an amendment to a will. They can be used when there is a smaller change and it seems easier than doing a whole new will.
Is there a time and place for a codicil? Yes, if no one is going to be mad and challenge the change that you've made.If you're changing beneficiaries, or executors, and they're going to be upset, you need to do a whole new will.
For more information, visit the show notes at http://bigpictureretirement.net/082
By Devin Carroll, CFP® & John Ross, JD4.7
523523 ratings
Is there any value in doing your codicil in blood?
A codicil is an amendment to a will. They can be used when there is a smaller change and it seems easier than doing a whole new will.
Is there a time and place for a codicil? Yes, if no one is going to be mad and challenge the change that you've made.If you're changing beneficiaries, or executors, and they're going to be upset, you need to do a whole new will.
For more information, visit the show notes at http://bigpictureretirement.net/082

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