Can I change my Will?

Yes. You should review your will periodically because, if it is not up to date when you die, your estate may not be distributed as you wish. Your will can be changed through a codicil, a legal document which must be drafted and executed in accordance with the same state laws which apply to wills.

A codicil is simply an amendment to your will. Your will must not be changed by crossing out words or sentences or making any notes or written corrections on it.

You should seek the advice of a lawyer and make a new will when you marry or divorce, or if you establish a registered domestic partnership or terminate one.

You should also review your will when there are any major changes in your family. You should also review it when the value of your assets significantly increases or decreases, and when it is no longer appropriate for the persons named as guardian or executor or testamentary trustee to act in that capacity.

To get started on your will, please here.

WikiPedia maintains a good page to further understand Wills. You can access the page here, but please keep in mind that a publicly available “wiki” may not be correct. Please use DocBuilder.com Incorporated for all your Will and Estate needs.

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Posted in Wills, Trusts and Estate Planning on Apr 9th, 2007, 8:15 pm by admin   
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Can I change my Will?