Real Estate Codicil To Will
Real Estate Codicil to Will
I. Introduction
This codicil, which is being created or drafted on the specific date of [Date], is designed to introduce changes or amendments to the last will. The last will that is going to be revised was originally written and established by [Testator's Name] on the particular date of [Date of Original Will]. It is to this document that the codicil is meant to bring modifications.
II. Amendment Clause
The following amendments shall be made to the distribution of real estate assets as outlined in the original Will:
III. Identification of Real Estate Assets
The real estate assets subject to this codicil shall be identified as follows:
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Apartment located at 123 Main Street, Springfield
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Beach house at 456 Ocean Avenue, Seaside
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Family farm in Green Valley
IV. Beneficiary Changes
The distribution percentages of the real estate assets shall be adjusted as follows:
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[Name of Beneficiary 1]: 50% → 60%
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[Name of Beneficiary 2]: 25% → 20%
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[Name of Beneficiary 3]: 25% → 20%
V. Executor Confirmation
The person who has been specifically named as the Executor in the original Will is being granted the important responsibility of overseeing the correct and proper implementation of this specific codicil. This codicil, much like the original Will, carries certain stipulations that have been distinctly outlined within its terms. The Executor must ensure that every stipulation is followed and adhered to in the exact manner as they have been outlined within the terms of the codicil. It is their responsibility to guarantee that all of these stipulations, without exception, are implemented in the way they were intended to be, by the guidelines set out in the codicil.
VI. No Other Changes
Except for the amendments specifically stated within this document, all other terms, conditions, and provisions that were laid out in the original Will shall continue to remain valid, active, and effective at their fullest potential.
VII. Governing Law
This supplemental document, also known as a codicil, will be subject to and interpreted according to the legal rules and principles that are operative and existing within the specified jurisdiction.
VIII. Signature
Signed and sealed this [Date].
Testator
Name: [Your Name]
Address: [Your Address]
IX. Witness Confirmation
We, the undersigned witnesses, affirm that [Testator's Name] signed this codicil in our presence and appeared to be of sound mind and disposing memory at the time of signing.
Witness 1
Name: [Witness Name 1]
Address: [Witness Address 1]
Witness 2
Name: [Witness Name 2]
Address: [Witness Address 2]
X. Notary
State of [Your State], County of [Your County], ss:
On this [Date], before me, [Notary's Name], a notary public in and for the said state, personally appeared [Your Name], known to me to be the person described in and who executed the foregoing instrument, and acknowledged that he/she executed the same as his/her free act and deed for the purposes therein contained.
Notary Public: [Notary's Name]
My Commission Expires: [Expiration Date]
