What is a codicil?
A codicil is a legal document used to make changes to a will. In New Jersey, a codicil must be signed and notarized in accordance with state probate law. It must also be attached to the original will. A codicil helps avoid the need to re-write an entire will. It is commonly used to make minor changes or additions to an existing will. These can include changing who will receive certain assets after the will-maker passes away, correcting mistakes, or adding beneficiaries. In New Jersey, a codicil must follow the same formalities as a will. It must be signed in the presence of two witnesses, who cannot be beneficiaries of the will. State law also requires a notary public to acknowledge the signature of the will-maker. It is important to understand that a codicil is not intended to be a full replacement for a will. If the changes to an existing will are substantial, it may be best to draft a whole new will. Additionally, it is important to note that a codicil only applies to the part of the will it directly pertains to. Any new changes should be reviewe to ensure they are in alignment with the existing will.
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