If property is not expressly distributed under a Last Will and Testament, the heirs to the Estate will have to discuss how the Decedent’s personal property will be distributed.

As you plan your estate, don’t overlook tangible personal property. The dollar value of these items may be relatively low, but their emotional value demands careful planning to avoid hurt ...

Real estate taxes are generally much steeper than personal property taxes. Even the cheapest real estate taxes in the country for a modestly valued home can cost homeowners thousands of dollars.

When I help settle an estate the most challenging task is mediating what is the “best” way to divide the jewelry, art, furniture and other tangible personal property of the deceased among ...

In a more surprising decision, the court in Estate of Olsen (1935) 9 Cal.App.2d 374, considered a will that made several pecuniary gifts, and then “all my personal property” to one beneficiary ...

Personal property is a class of property that can include any type of asset other than real estate. ... The distinguishing factor between personal property and real estate, or real property, ...

Editor’s note: In this commentary, Jeff Scroggin and Michael Burns underscore the importance of planning for the disposition of tangible personal property, which, as they so cogently point out ...

If adjusted basis remains on the personal property that is abandoned, this would normally be treated as an ordinary loss prior to the sale of real estate. Similarly, the seller can choose to donate ...

Personal property coverage insures your belongings, ... Since 2004, she has worked with lenders, real estate agents, consultants, financial advisors, family offices, ...

To illustrate, pieces of lumber stacked by your house are unattached, easily moveable, personal property. If you sell your residence, such lumber is not included in the sale, and you are entitled ...

As mentioned, tangible personal property is anything that can be touched, moved or consumed, with the exception of real property (real estate) and intangible assets with a recognized value (stocks ...