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Personal Property Memo Tag

Avoiding a Family Feud by Using a Personal Property Memo

When it comes to writing a Will or a Trust, most of us think we know what to include. Real estate? Check. Investments? Check. Expensive jewelry? Check. All those are important to get down on paper, but what about the countless knickknacks, heirlooms, and personal possessions you’ve accumulated over your lifetime? While seemingly innocuous, these can be a source of unnecessary tension and conflict after your passing. Familial Conflict The truth is that while real estate and any of the other big ticket items can seem more important, to your family the monetary value of what you leave behind isn’t always as important as the...

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