Tangible Personal Property Memorandum (TPPM) Law and Legal Definition
Tangible personal property memorandum (TPPM) is a legal document that lists items of tangible personal property like jewelry, paintings, or furniture and the persons who should receive the property upon the owner's death. It is used to guide the distribution of tangible personal property. This document can be handwritten or signed and is a separate document from the property owner's will. When this is referred in a will it is a valid testamentary disposition.
