Are such provisions legally binding on the executor? How does a codicil address the issue of the testator's membership in clubs, associations, or online communities?
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what is a codicil Informational
- Does the original will's language cover after-acquired intellectual property?
- How should a codicil address potential exchange rate fluctuations? How does a codicil address the issue of intellectual property rights (e.g., copyrights, patents) owned by the testator?
- What are the default rules for tax apportionment? Can a codicil be used to create a hybrid type of trust that combines features of different trust structures?
- When should a will or codicil be reviewed and updated in response to such life events?
- What are the legal considerations related to post-mortem publicity rights? Can a codicil be used to provide for the creation of a digital archive or legacy project?
- Is it advisable to consult with a lawyer when creating a codicil?
- Can a codicil provide instructions for the management or distribution of digital assets?
- What are the requirements for establishing a QTIP trust?
- Can a codicil grant or restrict the use of their name or image for commercial purposes?
- Can a codicil include provisions that might discourage litigation?
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