Examlex
All of the following are points of the Restoring American Financial Stability Act of 2010 EXCEPT:
Real Property
Real property includes land and anything permanently attached to it, like buildings, in contrast with personal property, which is movable.
Personal Property
Assets that are movable and not fixed to one location, such as furniture, vehicles, and equipment, contrary to real estate.
Demonstrative Legacy
A specific bequest in a will, directing a particular sum of money to be paid out of a specified asset or fund.
Probate
The legal process through which a deceased person's will is validated, and their assets are distributed under the supervision of a court.
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