Tangible Personal Property Memo

A tangible personal property memo is a legal document that is sometimes used in estate planning to provide instructions for the distribution of certain personal belongings. Often these items include things like furniture, jewelry, artwork, or family heirlooms. 

Usually, a tangible personal property memo is referenced in an individual’s will or trust document but not incorporated directly into the will or trust. Rather, it’s a separate document that can be easily updated without the need for formal amendments to the will or trust. 

A tangible personal property memo typically contains a list of specific personal items and instructions for who should inherit them upon the individual’s death. The rules and limitations surrounding tangible personal property memos can vary based on the jurisdiction where the individual resides.