Michigan Trustee's Report of Undisclosed Asset

State:
Michigan
Control #:
MI-BKR-539E
Format:
PDF
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Description

Trustee's Report of Undisclosed Asset

Michigan Trustee's Report of Undisclosed Asset is a document that is filed by a Michigan Trustee, such as a bank or other financial institution, to report any assets and income that have not been disclosed to the trust. This report is used to ensure that the trust is properly funded and managed and that all assets and income are properly reported to the trust for taxation purposes. There are three types of Michigan Trustee's Report of Undisclosed Asset: Report of Asset Disbursement, Report of Asset Acquisition, and Report of Asset Transfer. The Report of Asset Disbursement states the assets and income that have been dispersed from the trust. The Report of Asset Acquisition states the assets and income that have been added to the trust. The Report of Asset Transfer states the assets and income that have been transferred to another person or entity.

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Michigan Trustee's Report of Undisclosed Asset