
Items of value
Items of value are possessions or assets that hold worth, either financially or sentimentally. This can include tangible things like cash, jewelry, vehicles, real estate, collectibles, or equipment, as well as intangible assets like patents, trademarks, or digital property. Their value is determined by factors like market demand, condition, age, or emotional significance. Recognizing items of value is important for financial planning, insurance, and estate management, helping individuals and organizations protect, utilize, and transfer their assets effectively.