"Tangible personal property" is a tax term that refers to personal property that can be felt or touched and physically relocated, such as furniture, office equipment, machinery, and livestock.

“Your estate plan changes just like your life does,” Anderson says. Most wills distribute personal property in broad terms, such as designating jewelry to one person and household goods to anothe ...

Although fighting amongst beneficiaries over tangible personal property is rare, it is still a good practice to include ...