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Personal Property Memorandum

Personal Property Memorandum

If you have specific people in mind to receive certain items, you can make a list of who should inherit what in a memorandum of personal property that's separate from a last will and testament. 

The reason for making this separate list, rather than including all the personal items in your will or trust, is that if you later decide you want to change who gets what, you don't have to create a formal codicil to the will or a trust amendment to implement the changes.

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