Difference Between Domicile And Deemed Domicile In Michigan
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Description
The Affidavit of Domicile serves to clarify the difference between domicile and deemed domicile in Michigan. Domicile is the legal residence where a person has established a physical presence with the intention to remain, while deemed domicile refers to a situation where a person is considered a resident for tax purposes without having established a physical residence. This form is essential for executors or administrators managing the estate of a deceased person, as it provides proof of the decedent's true domicile at the time of death. Key features include sections for the affiant's personal information, declaration of residence, and confirmation that the decedent had no other residence at their time of passing. Filling out the form involves providing accurate information regarding the decedent's address and years of residence. Legal professionals such as attorneys, partners, owners, associates, paralegals, and legal assistants can use this form to facilitate the transfer or delivery of securities owned by the decedent. It is crucial for ensuring compliance with estate management procedures in Michigan.
