Quote:
Originally Posted by llwhiteoutll
In addition to the Executor/Guardian roles, I'd also be putting together a codicil for specific items. I know my parents have one that lists specific items that they own and who they want it to go to. Some of that they have decided on and some of it is stuff that my sisters and I have expressed interest in having over the years. Maybe there are specific things that you'd like friends to have instead of family.
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There are pros and cons to this - a formal codicil to the Will has to be probated along with the Will, and it can be a big nuisance for the Executor to include all these little gifts in the probate application, and send notices to each beneficiary. The advantage of the codicil (often handwritten) is that it can be amended any time without need of the lawyer.
Usually, I find families are reasonable in dividing up the heirlooms. Often, they will have a draft and take turns selecting items.
Others make these wishes known in a less binding way - ex. putting labels on items, or even making a video. Also, these specific items can be gifted while you are alive, making your estate less complicated.