Codicil To Will Changing Executor
What is codicil to will changing executor?
A codicil to a will is a legal document that allows an individual to make changes to their will, including changing the executor. Executors are responsible for carrying out the wishes specified in a will.
What are the types of codicil to will changing executor?
There are two types of codicils to wills that can be used to change the executor: 1. Specific Codicil: This type of codicil is used when you want to replace the current executor with a specific individual. You can specify the name and any relevant details of the new executor. 2. General Codicil: A general codicil is used when you want to remove the current executor and give the power of executorship to the residuary executor. The residuary executor is the person named in the will to receive any remaining assets after specific bequests and debts are settled.
How to complete codicil to will changing executor
Completing a codicil to will changing executor involves the following steps: 1. Obtain a codicil form: Look for a codicil form that is specific to your jurisdiction and meets the legal requirements. You can find editable templates online, or consult with an attorney. 2. Identify the current executor: Clearly state the name of the current executor as mentioned in the original will. 3. Specify the new executor: Write the full name of the new executor along with any relevant details. 4. Sign and date the codicil: It is important to sign the codicil in the presence of witnesses as required by the law. 5. Store the codicil safely: Keep the codicil in a safe place along with your original will and other important documents.
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