What Defines Personal Property In Will?

[Young]

Three types of property exist. 1. There is real property. This is real estate or land and the buildings on it. It will stay where it is. You can not pick it up and carry it anywhere.2. There is intangible property. This is stocks, bonds, and bank accounts. It has value. It is worth money. It exists. it can be turned into money. It consists of numbers on a sheet of paper.3. There is personal property. This is stuff. These are the things you can move around and carry from one place to another. Clothes, chairs, pictures, etc.