Pc Parts Release Dates

• Category: Local County - Macomb - General
• State: Michigan
• Control #: MI-PC-577
• Format: Word; PDF

Description

The Inventory form is a legal document used in the State of Michigan's Probate Court to provide a complete and accurate account of all assets belonging to a decedent's estate, including personal and real property. It is essential for establishing fair market valuations as of the date of death or qualification as fiduciary. Key features of the form include sections for detailed descriptions of personal and real property, the requirement to denote any liens applicable to properties, and the need for appraiser information when valuations are determined through appraisal. Filling out the Inventory involves listing all property, ensuring accurate descriptions, and complying with court instructions provided on the reverse side of the form. The target audience, comprising attorneys, partners, owners, associates, paralegals, and legal assistants, will find this form particularly useful for estate planning and administration purposes. They can utilize this form to protect clients' interests by ensuring accurate documentation of assets and liabilities. Additionally, understanding the utility of correct property valuation is crucial for reliable asset distribution and debt resolution in probate matters.