This is a question our team is often asked. The answer: it’s a method for adding specifics about the division of your assets without making your will too long. It also easier to change in the future without it becoming a drawn-out process.
In such a Memo you can bequeath tangible personal property to individuals. Items that could be included are antiques, china, artworks, vehicles (not in every state), furnishings and more. It’s worth noting that intangibles, such as bonds, stocks, copyrights, or bank accounts cannot be part of your Memo for Personal Property.
If you feel such a Memo might be of use to you, then please talk to an expert here at Meurer Law Offices – your Denver estate planning law firm