How do the legal requirements for amending a will differ from those for amending a trust?
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what is a codicil Informational
- Should a codicil reaffirm the testator's permanent domicile?
- Are there any special legal considerations for bequests to non-residents?
- What are the legal and ethical considerations for providing for dependent relatives? How does a codicil address the potential for a beneficiary to become incapacitated before inheriting?
- What are the security considerations for electronic estate planning documents? What role do ethical considerations play in the drafting and execution of a codicil?
- What are the legal requirements for transferring ownership of firearms? Can a codicil be used to create a scholarship fund or make a bequest to an educational institution?
- How should a codicil clearly define the rights and interests of each class? How does a codicil address the issue of survivorship requirements for beneficiaries?
- Is a will or codicil the most appropriate place to express such wishes?
- What are the legal and administrative requirements for establishing an endowment fund through a will or codicil?
- What are the legal default rules regarding simultaneous death? Can a codicil be used to create a generation-skipping trust (GST) to benefit grandchildren or more remote descendants?
- Should a codicil reaffirm the testator's domicile if it has changed since the original will? Can a codicil be used to provide instructions for the management or sale of real estate owned by the testator?
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