Why Use SaveOr?
SaveOr is an easy-to-use application to create your Personal Property Memorandum as a part of your will.
It is the digital solution to a task that used to be haphazardly and inefficiently done with sticky notes.
Why Create a Personal Property Memorandum?
Being prepared while everyone is in good spirits removes the emotions which come after a loss.
Transparency with the whole family allows for all members to feel like decisions are fair.
A document with images, strories, and details allows for no questions in your family's plan.
For items no one wants, work with Charities to find another home for your items and reduce waste.
A personal property memorandum is a document that supplements a will and allows you to specifically bequeath certain items of personal property, such as jewelry, artwork, or family heirlooms, to specific individuals. This can be important for several reasons:
Clarity: A personal property memorandum provides specific instructions for the distribution of your personal property, which can help avoid confusion or disputes among your heirs.
Emotional value: Many items of personal property may have sentimental value and you may want to ensure that they go to a specific person who will appreciate and value them.
Financial value: Some items of personal property may have significant financial value, and you may want to ensure that they go to a specific person who can best take care of them or use them in a way that aligns with your wishes.
Control: By outlining specific bequests of personal property in a memorandum, you have more control over the distribution of your assets after you pass away.
Avoiding Probate: If you have a property memorandum, it is not needed to go through the probate process because it's already been specified who will get what, which can save time and money.
It's important to note that a personal property memorandum is not a substitute for a will, but it can provide additional instructions to ensure that your personal property is distributed according to your wishes.