Provide the definition of real and personal property. Now take a look at the property you own and categorize it as real or personal.
What will be an ideal response?
Real property is any type of property that is immovable, fixed, or permanent. Personal property is all remaining property that is not realty and can be tangible or intangible. A list of the student’s property will vary, but this activity was designed to show students that they do in fact own items and to what extent their property may be needed to be included in estate planning.
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What will be an ideal response?