Michigan Compiled Laws § 700.2717 Class Gifts To “descendants,”“issue,” Or “heirs Of The Body”; Form Of Distribution If None Specified.

700.2717 Class gifts to “descendants,”“issue,” or “heirs of the body”; form of distribution if none specified.

Sec. 2717.

If a class gift in favor of “descendants”, “issue”, or “heirs of the body” does not specify the manner in which the property is to be distributed among the class members, the property is distributed among the class members who are living when the interest is to take effect in possession or enjoyment in the shares each class member would receive under the applicable law of intestate succession if the designated ancestor had died intestate at the time of distribution owning the subject matter of the class gift.

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

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Last modified: October 10, 2016