| Chapter Objectives (See related pages)
After reading this chapter and completing the assignments, you should be able to:
Identify the various types of property, for example, real versus personal property |
| | | Be able to differentiate between the various ways real and personal property may be owned |
| | | Understand the basic terminology used relating to how property is owned |
| | | Identify the characteristics of the various forms of ownership of property |
| | | Understand the differences between probate property and nonprobate property |
| | | Be able to differentiate between what property is normally classified as part of the probate estate and the gross estate |
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