personal assets

personal assets
The personal property of a person. Personal property of a decedent vesting in his executor or administrator as assets available for the payment of the decedent's debts, consisting of goods, chattels, money, credits, unpaid legacies, and corporate stock. 31 Am J2d Ex & Ad § 197.

Ballentine's law dictionary. . 1998.

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  • personal assets — /ˌpɜ:s(ə)n(ə)l æsets/ plural noun moveable assets which belong to a person …   Dictionary of banking and finance

  • personal assets — the money you have in the bank, whatever is owed to you, any securities ( shares) that you own, the property you own, whatever part of your home that you own, your furniture and appliances and all the miscellaneous things that you personally own …   Financial and business terms

  • assets — I noun available means, belongings, bona, capital, chattels, effects, estate, funds, goods, holdings, inventories, money, pecuniary resources, personal effects, personal resources, possessions, principal, property, reserves, resources, riches,… …   Law dictionary

  • assets — /aesets/ Property of all kinds, real and personal, tangible and intangible, including, inter alia, for certain purposes, patents and causes of action which belong to any person including a corporation and the estate of a decedent. The entire… …   Black's law dictionary

  • assets — /aesets/ Property of all kinds, real and personal, tangible and intangible, including, inter alia, for certain purposes, patents and causes of action which belong to any person including a corporation and the estate of a decedent. The entire… …   Black's law dictionary

  • personal — Appertaining to the person; belonging to an individual; limited to the person; having the nature or partaking of the qualities of human beings, or of movable property. In re Steimes Estate, 150 Misc. 279, 270 N.Y.S. 339. As to personal action… …   Black's law dictionary

  • personal — per·son·al adj 1: of, relating to, or affecting a person: as a: of, relating to, or based on the existence or presence of a person see also personal injury; personal jurisdiction at jurisdiction b …   Law dictionary

  • personal property — see property Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. personal property …   Law dictionary

  • assets — are every form of property that the debtor owns. They include such intangible things as business goodwill; the right to sue someone; or stock options. The debtor must disclose all of his assets in the bankruptcy schedules; exemptions remove the… …   Glossary of Bankruptcy

  • Personal Casualty Gains — for individuals for United States Federal Income Tax purposes are defined in section 165(h)(3)(A) of the Internal Revenue Code as the recognized gain of property arising from fire, storm, shipwreck, or other casualty. The property in question… …   Wikipedia

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