Is Money Real Or Personal PropertyIs Money Real Or Personal Property
An executor of a will is not expected to be perfect. Yet when it comes to dividing personal property, the task seems Solomonic. Unfortunately, sometimes the competing claimants would rather see personal property destroyed than go "to someone else.". So, not unlike practicing medicine, the executor's motto must be 'to first, do no harm.'. Tangible personal property is physical property other than real estate that can be easily moved, such as furniture, art, clothing, books, etc. The residue of an estate is all of the property that remains after all of the bequests of specific items and property to specific people or organizations, as well as bequests of tangible personal.