What is the Grayson Codicil

When you die your debts normally die with you unless you leave an inheritance.  If there’s no money in their estate, the debts will usually go unpaid and cancel over time. For survivors of deceased loved ones, including spouses, you’re not responsible for their debts unless you shared legal responsibility for repaying as a co-signer, a joint account holder, or if you fall within another exception.  However, if there is an estate the new laws say that the executor of your estate or will must pay all debts both good and bad prior to dispensing any of the proceeds of the estate.  This has led to one of the biggest scams in history.  Debt collectors can now purchase deceased debt and collect it against the will proceeds or assets.  Whether or not that debt can be filtered or not.  Sometimes multiple collectors will collect against the same debt.  Billions are lost annually to this scam.  Fortunately, we have a solution the Grayson Codicil.  A codicil is an addendum of any kind to a will. Codicils can alter, change, add to or subtract from the provisions in the will. They can be used to keep a will and testament current and up to date. A codicil can be used to add, remove, or change provisions in a will, as long as the changes are not too significant. Therefore, the Grayson codicil forces the executor of your estate to filter all debts prior to paying them.  This document will ensure that your beneficiaries will receive the inheritance that you intended and not some greedy collection agency.  Everyone should request a copy of this document from our staff.