Updating your will
Your will should be changed if your situation changes – for example if you marry, divorce or have children. But you don't have to make a new will to make a bequest. You can simply add a clause known as a codicil to include Oxfam Australia as a beneficiary. A codicil:
- Must be signed and witnessed by two people in the same way as a will. They don't have to be the same people who witnessed the original will and they should not be beneficiaries under the original will or this or any other codicil
- Should be kept with the will it modifies so that it is not overlooked
- Should make clear that it refers to the will it alters
“I’m retired and so I am careful with my finances. But I know that my bequest will be well used. Oxfam Australia learns from its experiences and adapts its programs to help impoverished communities as effectively as possible. And through my bequest I am supporting these programs with a substantial gift which would not have been possible to make during my lifetime.”
Anne Batt