Codicil: Amending Your Estate Plan
A Codicil is a legal document that serves as an amendment or supplement to an existing Last Will and Testament. It is used to add, remove, or modify specific provisions—such as adding instructions for a new crypto wallet or updating a list of digital accounts—without the need to revoke or rewrite the entire original will.
To be legally binding, a Codicil must generally be executed with the same legal formalities as the will itself, including proper signatures and, in most jurisdictions, the presence of witnesses.
Why it matters for Digital Legacies: In the fast-moving digital world, your assets change frequently. A Codicil provides a flexible way to keep your estate plan current as you acquire new digital assets, social media accounts, or hardware wallets, ensuring your Last Will remains accurate without constant full revisions.