Section 700.2802 - Definitions relating to effect of homicide on intestate succession, wills, trusts, joint assets, life insurance, and beneficiary designations. - Michigan Statutes

ESTATES AND PROTECTED INDIVIDUALS CODE (EXCERPT)
Act 386 of 1998

700.2802 Definitions relating to effect of homicide on intestate succession, wills, trusts, joint assets, life insurance, and beneficiary designations.

Sec. 2802.

As used in this section and sections 2803 and 2804:

(a) “Disposition or appointment of property” includes, but is not limited to, a transfer of an item of property or another benefit to a beneficiary designated in a governing instrument.

(b) “Governing instrument” means a governing instrument executed by the decedent.

(c) “Revocable” means, with respect to a disposition, appointment, provision, or nomination, one under which the decedent, at the time of or immediately before death, was alone empowered, by law or under the governing instrument, to cancel the designation in favor of the killer, whether or not the decedent was then empowered to designate himself or herself in place of his or her killer and whether or not the decedent then had the capacity to exercise the power.

History: 1998, Act 386, Eff. Apr. 1, 2000
Popular Name: EPIC