10/15/2026
Grissom’s Quick Tips: Using a Memorandum
• Personal Property Only – Use a memorandum for tangible personal property such as jewelry, artwork, furniture, and family heirlooms.
• Be Specific – Clearly describe each item so there is no confusion about which property you mean.
• Avoid Financial Assets – Bank accounts, investments, and other financial assets generally should not be designated through a memorandum.
• Be Careful With Titled Property – Real estate and vehicles may require separate legal documents or additional steps to transfer ownership.
• Keep It With Your Estate Plan – Make sure your memorandum is properly prepared and works with the terms of your Will and estate plan.
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