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 ...

Tangible assets in business refer to physical items of value that a company owns and uses in its operations to generate income. Examples include buildings, machinery, vehicles, computers and inventory ...

The bane of many a trustee’s existence is the responsibility and potential liability associated with holding, and perhaps having to dispose of, trust property that doesn’t readily lend itself to ...

The new tangible property regulations form a framework of rules for the capitalization of tangible property that affects the treatment of fixed asset additions and disposals, the expensing of ...