MI HB4410

Surviving spouse is entitled to household furniture, automobiles, furnishings, appliances, and personal effects from the estate up to $10,000 in value (or children if no surviving spouse).

If the value of exempt property selected is less than $10,000, the spouse or children are entitled to additional estate assets to reach the $10,000 threshold.

Exempt property rights have priority over all claims against the estate, except they abate as necessary to pay administration costs, funeral expenses, homestead allowance, and family allowance in that order.

Decedent may exclude one or more children from receiving exempt property by stating in their will that the child takes nothing, takes $10 or less, or is not to receive exempt property.

Effective date: August 8, 2018 (90 days after enactment on May 9, 2018).