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Codicils

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AllTheLs Fri 04-May-18 09:15:12

Has anybody got any experience of codicils? We've just had to bail our daughter out of debt to the sum of £5,500 and I want this to be reflected in our wills (i.e. she gets £5,500 less than our son). Can this be done by a codicil or do we have to write a new will? I'm worried about getting the wording wrong.

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OldMeg Fri 04-May-18 10:06:22

See a solicitor. It doesn’t cost as much as you’d think.

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stella1949 Fri 04-May-18 12:12:41

I'd write a new will. See a solicitor who specialises in them, to make sure it's correct.

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Smileless2012 Fri 04-May-18 14:37:29

A codicil AllTheLs gives an explanation as to the content and reasons for that content of a will.

So as with your situation, your will can have a codicil that states that your estate (or the remainder after any other beneficiaries) is to go to your son and daughter, but your son's share is to be £5,500 greater than your daughter's as she received that sum from you during your life time.

It is advisable to get your will drawn up by a solicitor, especially if it's less than straightforward.

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mumofmadboys Fri 04-May-18 15:43:06

Could you afford to give your son the same amount over say the next year and then the will could stay as it is??

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tanith Fri 04-May-18 16:13:35

My sister was charged £500 for a small change to her will she wished she’d just made a new one .

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Charleygirl Fri 04-May-18 16:32:13

*tanith8 that does appear to be a tad steep.

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tanith Fri 04-May-18 16:55:25

I did say its your own fault for not asking 'how much?'. Wasn't till the bill dropped on the mat ?

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