Tangible Personal Property
Please explain tangible personal property as used in a Will, and if this includes cash, securities, stock etc., or if tangible means property, such as jewelry, furniture, etc.?
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Read More Answered By: Robert Gleaner |
Re: Tangible Personal Property "Tangible" is what you can touch - furniture, jewelry, collectibles, clothes, etc. Bank accounts, stocks, bonds, etc. are not "tangible". In general, however, interpretation of will provisions is sometimes tricky. You really should seek the advice of counsel before you take any steps in connection with disposition of estate assets. Keep in mind that this advice is based purely on the little bit of information that you have given to me. There certainly may be other factors that would change my opinion. Further, no one can rely on advice from an attorney who has not been retained. Since it appears that you have not retained an attorney, you may want to contact an attorney (either me or someone else) to discuss your matter in more detail. Only then will you be able to rely on the advice. I will be happy to assist you. However, you need to call me at 856-546-8010. Good luck! Rob
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