If you want your property automatically transferred to another individual when you die yet keep your ownership rights throughout your lifetime, you should prepare a Michigan Transfer on Death Deed . A Beneficiary Deed of this kind will help the property owner to convey the property title whether the item in question, including real estate, is mentioned in their last will and testament. Michigan Revised Statutes list regulations that must be conformed with so that the deed remains valid: identify yourself and the beneficiary, provide a legal description of the property, sign the papers before a notary public, and file a copy of the deed with the register of deeds.
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