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Updating your Will

Updating your Will

You should review your Will regularly so that it reflects your current wishes and circumstances. For instance, you may need to change your Will due to a major event in your life such as a marriage, divorce or house move, or if there has been an addition to the family or a friend or family member dies.

It is easy to make a new Will to account for altered circumstances, but for minor modification you may just need to add a Codicil. This is simply an addition or alteration to the existing Will so you can add extra gifts or alter proportions being allocated, without starting from scratch.

General guidelines for a Codicil

A codicil must be signed and witnessed by two people, in the same way as a Will. They do not need to be the same people who witnessed the original Will and they should not be beneficiaries, either under the original Will or this, or any other, Codicil.

A Codicil should be kept with the Will it changes, so there is no risk of it being overlooked.

A Codicil should make clear that it refers to the Will it alters.

Example of a Codicil

This is the first Codicil to the Will dated......(date) of............(name) of...........(address)

1. I give to Mountain Rescue England and Wales of 12 Edward VII Avenue, Newport NP20 4NF, Registered Charity 222596, the sum of £......(amount in words) to be applied by Mountain Rescue England and Wales for its charitable purposes and I further direct that the receipt of the Honorary Treasurer or any other proper officer of Mountain Rescue England and Wales for the time being shall be sufficient discharge to my executors.

2. In all other respects I confirm my Will dated......(date)

Signed by..........(signature)

Name...........(signature name). Date......(date of signature)

In the presence and then by us in his/her

Signature......(witness 1 signature). Name......(witness 1 name). Address......(witness 1 address). Occupation......(witness 1 occupation)

Signature......(witness 2 signature). Name......(witness 2 name). Address......(witness 2 address). Occupation......(witness 2 occupation)