Legal Question in Wills and Trusts in Michigan

Probate court requires information on banking accounts at time of death, are joint accounts subject to probate?


Asked on 2/02/10, 2:06 pm

2 Answers from Attorneys
Sanford Mall, JD, CELA Mall Malisow & Cooney, PC

Joint accounts are generally not subject to probate when one of the account owners dies. However, using joint ownership to avoid probate is usually not the wisest choice for many reasons. Also, creditors of the estate could obtain an Order from the Probate Court requiring the surviving joint owner to use the bank account to pay debts of the estate.

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Answered on 2/07/10, 3:16 pm
Stuart Collis Collis, Griffor & Hendra, PC

Joint accounts automatically transfer at death.

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Answered on 2/08/10, 3:49 pm


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