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Tangible Personal Property

DISPOSING OF TANGIBLE PERSONAL PROPERTY

Free Florida Form

Below is a sample list for disposing of personal property. This list is normally prepared in conjunction with any basic estate plan. It can be used to dispose of things like jewelry and watches without the need of these gifts being included in a client’s will or a trust. For a definition of what personal property is, the American Bar Association wrote a paper which can be found here.  When we meet with clients, we explain to them that they can simply prepare a form and place it with their other estate plan documents which looks similar to this form:


EXECUTED this ___ day of _______, 20___

I have executed a Last Will which refers to a Separate Writing disposing of certain items of my tangible personal properties. I declare this to be such separate writing, and dispose of such items of tangible personal properties as follows:

 

Description of Property                   Name of Devisee

_________________                      _______________

 

_________________                      _______________

 

_________________                      _______________

 

_________________                      _______________

 

_________________                      _______________

 

_________________                      _______________

 

_________________                      _______________

 

_________________                      _______________

 

_________________                      _______________



GUIDELINES IN DESCRIBING PERSONAL PROPERTY

Identify each item. (Chair, table, figurine, etc.);

Measure each item. / furniture – H x W x D;

Note the material. (ceramic, glass, metal wood, stone);

Note the color of the item; and

Note any identifying marks such as: Manufacturer, Country of origin, etc.