You know what property you own: your home, your car, your furniture, your bank account, some stocks and bonds….but do you know what kind of property each item is? When you’re planning your estate, you’ll likely hear about three kinds of property: real property, tangible personal property, and intangible personal property. Here’s what each one means. Real Property Real property (most people call it real estate) is land and things permanently attached to the land. So, your house and the land it’s sitting on, plus any outbuildings or other objects, like shrubs or trees, that are attached to that land, are real estate. Tangible Personal Property Your tangible personal property is all your “stuff”. It’s your belongings that aren’t real estate, that you can physically see and put your hands on. Examples of tangible personal property include furniture and household goods, cars, and jewelry. Intangible Personal Property Intangible personal property is items you own that are not real estate, and that you can’t physically see or touch. Examples of this include bank accounts, stocks and bonds, and patents. You can put your hands on the paperwork that proves you own this type of property, but the property itself is intangible. These three different types of property are treated in different ways when it comes to estate planning, and it’s not always easy to categorize certain items. Making a list of the property you own, and sharing that list with your attorney, will help him or her provide you with an estate plan that truly meets your needs.