Tangible personal property – that is, property (other than land or buildings) that you can see or touch – is a special asset class in many estates. A client’s tangibles include their jewelry, clothing ...

Kilpatrick’s Jordan Goodman recently participated in a panel titled – “Is There any Limit to What Constitutes Tangible Personal Property?" - at the Council on State Taxation (COST) Spring Meeting in ...

Effective July 1, 2020, there is a new law in Florida (Section 731.1065 of the Florida Probate Code) that treats "precious metals in any tangible form, such as bullion or coins, kept and acquired for ...

Possession is nine-tenths (9/10) of the law. You hear it all the time, but what does it mean? Is it true that possessing something is really an indication that you own it? Like most legal questions, ...

The University defines capital assets as non-expendable tangible personal property, including furniture or fixtures, with an acquisition cost of $5,000 or more and a useful life of greater than one ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South ...