Michigan Instructions for Small Estates are documents used to transfer ownership of assets from a deceased individual to the rightful beneficiaries without having to go through the probate process. The documents are available in two types of instructions: Affidavit of Small Estate and Transfer Without Probate. The Affidavit of Small Estate is used when the deceased's estate is valued at $15,000 or less. It is a sworn statement by the beneficiary of the estate that all heirs have been notified and the assets of the deceased have been properly distributed. The affidavit must be notarized and filed with the Register of Deeds in the county where the deceased resided at the time of death. The Transfer Without Probate is used when the estate is valued at more than $15,000 and up to $80,000. It requires a certified copy of the death certificate and the form must be completed and signed by all heirs of the estate. The form must be filed with the Register of Deeds in the county where the deceased resided at the time of death. Both types of instructions provide a quick and easy way to transfer ownership of the deceased's assets without having to go through the lengthy and expensive probate process.
Michigan Instructions for Small Estates
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