Personal estate or property. This word has been held to be more comprehensive than the word "goods," as including fixtures, which "goods" will not include. Bank v. Byram, 131 111. 92, 22 N. B. 812. In wills. The word "effects" is equivalent to "property," or "worldly substance," and, if used simpliciter, as in a gift of "all my effects," will carry the whole personal estate. … [Read more...]
EFFECTS
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.