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Sample Codicil Planned GivingNational Park Foundation Form

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Sample Codicil Planned GivingNational Park Foundation Form

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[Music] in this presentation we will explain codicils and will alterations let's begin by considering codicils a codasyl is a testamentary instrument similar to a will it is executed in the same way and must comply with the same formalities as a will however its contents usually supplement the terms of an existing will typically codicils are used to add a provision to a will such as an additional gift to amend an existing provision for example altering the value of a pecuniary gift or to revoke a specific provision in an existing will rather than revoking the will as a whole many clients choose to make a coda cell rather than a brand new will as this can prove more cost-effective if they only wish to make minor provisions to their existing wishes as the requirements for a valid codasyl are the same as for a valid will a coda cell needs to be signed and witnessed in the same way as a will a coda cell has the effect of republish the will to which it expressly refers as if the wil

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