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NISM Certifications · NISM-Series-X-B: Investment Adviser (Level 2) · Tools for Estate Planning

Under Indian law, which of the following best describes a 'codicil' to a will?

A codicil is a supplementary document that explains, alters or adds to an existing will without replacing it. It is read as part of the will. Probate is the court's confirmation of a will, and a fresh will that revokes earlier ones is a different instrument.

  1. AA document that revokes all earlier wills and appoints a new executor
  2. BA supplementary document that alters, adds to or explains part of an existing will without replacing itCorrect
  3. CA court order confirming the validity of a will after the testator's death
  4. DA declaration made by a beneficiary renouncing the bequest

Explanation

A codicil is an instrument made in relation to a will that explains, alters or adds to its dispositions, and it is treated as part of the will. It does not replace the entire will, so the revoking-document option is wrong. A court order confirming a will is probate, a different concept.

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