What Goes On a Michigan Probate Inventory?

A completed inventory is one of the requirements for closing a probate in Michigan.  As Michigan estate planning and probate lawyers, we assist our clients through the process.  A common question from clients as we go through the Michigan probate system, whether in Macomb, Oakland or Wayne, is “what goes on the inventory?”

The answer is anything that needs to be probated or in other words any property that does not list someone else as a beneficiary of the asset or lists the estate as a beneficiary and is not titled into a trust.  It comes down to title and beneficiary designations.

Continue reading “What Goes On a Michigan Probate Inventory?” »