  We show that static properties like the charge radius and the magnetic moment
of relativistic three-fermion bound states with instantaneous interactions can
be formulated as expectation values with respect to intrinsically defined
wavefunctions. The resulting operators can be given a natural physical
interpretation in accordance with relativistic covariance. We also indicate how
the formalism may be generalized to arbitrary moments. The method is applied to
the computation of static baryon properties with numerical results for the
nucleon charge radii and the baryon octet magnetic moments. In addition we make
predictions for the magnetic moments of some selected nucleon resonances and
discuss the decomposition of the nucleon magnetic moments in contributions of
spin and angular momentum, as well as the evolution of these contributions with
decreasing quark mass.
