Legal Question in Wills and Trusts in New Jersey
wills/new jersey
when a will states a home is left to someone and all contents of home and personal property is left to another party is all personal property including all money that is left?
3 Answers from Attorneys
Re: wills/new jersey
Unless you are talking about a coin collection, money left in the house would NOT be considered personal property. It would be considered an asset of the estate and in this case, would not pass to the person who inherits the house or the person who inherits the personal property.
Re: wills/new jersey
personal property usually means jewelry, furniture, collectibles etc. Some jurisdictions state that money may be considered personal property as well.
Re: wills/new jersey
It would be helpful to read the Will before commenting....
Mike
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