What does 'revocable' mean in the context of a will?

Prepare for the New Brunswick Bar Exam. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

In the context of a will, the term 'revocable' signifies that the document can be changed or canceled by the testator (the person who created the will) during their lifetime. This feature allows individuals to modify their wills to reflect new circumstances, such as changes in relationships, the birth of children, or shifts in financial situations. The ability to revoke a will ensures that it remains aligned with the testator's current intentions.

This characteristic contrasts with other options provided. For instance, while some wills require witnessing to be valid, being revocable is more about the testator's authority to alter the will itself, not contingent on witnessing. Additionally, the concept of a will being "automatically valid until death" does not accurately reflect revocability, as it implies permanence rather than the capacity for change. Similarly, describing a will as "legally binding without changes" fails to recognize the inherent flexibility of a revocable will. Therefore, the correct answer emphasizes the testator's power to modify their wishes, which is a fundamental aspect of estate planning.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy