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Tuesday, 7 Feb 2012 Spring Term
   
 

CODICIL IN FAVOUR OF THE LATYMER FOUNDATION

If you are simply adding a gift in favour of the Latymer Foundation to an existing will, this can be done by using a codicil. A codicil does not change the terms of your current will but adds a new instruction.

Click here to download an example codicil >

Codicil Guidelines

  • If you wish to make major changes, it will be best to consult your solicitor and have the will re-written.
  • If you wish to make a gift of all of the residue of your estate or a percentage share of the residue of your estate, it would be better to rewrite your will.
  • Changes made to a will by crossing out existing instructions or writing in new ones will not be valid.
  • When you have completed the details on the codicil form, you need to sign and date it in the presence of two witnesses, who should then sign and date it themselves, where indicated, in your presence.
  • You should keep the original copy of the codicil with, but not attached to, the original copy of your will. You may like to give a copy of your will and any codicils to your executor.
  • To ensure that the codicil ties in properly with your will, we recommend that you see your solicitor.
 
 

THE LATYMER COMMUNITY

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