Can a codicil authorize the executor or trustee to hire investment advisors?
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what is a codicil Informational
- How should the codicil specify the terms and management of the fund? How does a codicil address the issue of the testator's wishes regarding the use of their image or likeness after death?
- What are the legal requirements for establishing a valid pet trust?
- What medical or other evidence is relevant to assessing testamentary capacity for a codicil? What is the role of the probate court in relation to a codicil?
- What are the potential consequences of an incomplete or missing attestation clause? Can a codicil refer to documents outside of the will (incorporation by reference)?
- Can a codicil alter the specific gifts or bequests in the original will?
- What are the purposes of a blind trust?
- Can a codicil be used to minimize estate tax liability?
- How can a codicil clearly define the scope of their authority? How does a codicil address the issue of fiduciary bonds for executors or trustees?
- What specific language should be used to establish an incentive trust?
- Are the legal fees for drafting a codicil typically lower than for a new will?
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