Monday, January 15, 2024

Common Scenarios for Transferring Vehicle Ownership for Descendents

estate planning attorney Ann Arbor
 Here are common scenarios for transferring vehicles in the State of Michigan: 

  • Joint title. If a person shares the title with the deceased and the title reads says that the full rights of the vehicle go to the survivor, then the process is relatively simple. The vehicle transfers to the other person on the title. In this situation, the person only needs to present the title and a copy of the death certificate. This applies even if the estate of the deceased is in probate.
  • Transfer on Death. As part of your estate planning, your attorney can create a “Transfer on Death” or “TOD”.  This is a document that you sign transferring the vehicle to another individual under MCL 700.6101 upon your death.  This can be taken to the Secretary of State to complete the transfer.  

Learn more about the transfer of vehicle ownership after someone passes here.

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If you would like to learn more about estate planning in Ann Arbor, contact us today! Estate planning attorneys at Pear Sperling Eggan & Daniels, P.C., can help assist you with your case and everything in between. 

 

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