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Let's talk Wills in Colorado (Part 5)

What is a personal property memorandum?

· wills,probate,trust and estate,attorney

A personal property memorandum is a document that can direct who you want to inherit specific personal property items, such as household goods and jewelry.  you cannot give away money through a personal property memorandum.  If you create a personal property memorandum yourself, you should sign and date the document and make sure it can be found with your will.  You can change your memorandum at any time, and it is easier for your heirs to understand your wishes if you create a whole new document instead of marking on the original version.

(This is not inteded to be legal advice and  is only informational)