reglab/housing_qa huggingface dataset:
MI Comp L § 700.1511 (2021)
2021 Michigan Compiled Laws|Chapter 700 - Estates and Protected Individuals Code|Act 386 of 1998 - Estates and Protected Individuals Code (700.1101 - 700.8206)|Article I - Definitions, General Provisions, and Court Jurisdiction (700.1101...700.1512)|386-1998-I-5 - Part 5 Prudent Investor Rule (700.1501...700.1512)|Section 700.1511 - Language Invoking Standard of Prudent Investor Rule.

700.1511 Language invoking standard of prudent investor rule. Sec. 1511.  The following terms or similar language in a governing instrument, unless otherwise limited or modified, authorize any investment or strategy permitted under the Michigan prudent investor rule:  (a) "Investments permissible by law for investment of trust funds".  (b) "Legal investments".  (c) "Authorized investments".  (d) "Using the judgment and care under the circumstances then prevailing that persons of prudence, discretion, and intelligence exercise in the management of their own affairs, not in regard to speculation but in regard to the permanent disposition of their funds, considering the probable income as well as the probable safety of their capital".  (e) "Prudent man rule".  (f) "Prudent trustee rule".  (g) "Prudent person rule".  (h) "Prudent investor rule". History: 1998, Act 386, Eff. Apr. 1, 2000 Popular Name: EPIC
MI Comp L § 700.1512 (2021)
2021 Michigan Compiled Laws|Chapter 700 - Estates and Protected Individuals Code|Act 386 of 1998 - Estates and Protected Individuals Code (700.1101 - 700.8206)|Article I - Definitions, General Provisions, and Court Jurisdiction (700.1101...700.1512)|386-1998-I-5 - Part 5 Prudent Investor Rule (700.1501...700.1512)|Section 700.1512 - Application to Existing Fiduciary Estates.

700.1512 Application to existing fiduciary estates. Sec. 1512.  The Michigan prudent investor rule applies to a fiduciary estate that exists on or is created after this act's effective date. As applied to a fiduciary estate that exists on this act's effective date, the Michigan prudent investor rule governs only a decision or action that occurs after that date. History: 1998, Act 386, Eff. Apr. 1, 2000 Popular Name: EPIC
MI Comp L § 700.2101 (2021)
2021 Michigan Compiled Laws|Chapter 700 - Estates and Protected Individuals Code|Act 386 of 1998 - Estates and Protected Individuals Code (700.1101 - 700.8206)|Article II - Intestacy, Wills, and Donative Transfers (700.2101...700.2959)|386-1998-II-1 - Part 1 Intestate Succession (700.2101...700.2114)|Section 700.2101 - Intestate Estate.

700.2101 Intestate estate. Sec. 2101.  (1) Any part of a decedent's estate not effectively disposed of by will passes by intestate succession to the decedent's heirs as prescribed in this act, except as modified by the decedent's will.  (2) A decedent by will may expressly exclude or limit the right of an individual or class to succeed to property of the decedent that passes by intestate succession. If that individual or a member of that class survives the decedent, the share of the decedent's intestate estate to which that individual or class would have succeeded passes as if that individual or each member of that class had disclaimed his or her intestate share. History: 1998, Act 386, Eff. Apr. 1, 2000 Popular Name: EPIC
MI Comp L § 700.2102 (2021)
2021 Michigan Compiled Laws|Chapter 700 - Estates and Protected Individuals Code|Act 386 of 1998 - Estates and Protected Individuals Code (700.1101 - 700.8206)|Article II - Intestacy, Wills, and Donative Transfers (700.2101...700.2959)|386-1998-II-1 - Part 1 Intestate Succession (700.2101...700.2114)|Section 700.2102 - Share of Spouse.

700.2102 Share of spouse. Sec. 2102.  (1) The intestate share of a decedent's surviving spouse is 1 of the following:  (a) The entire intestate estate if no descendant or parent of the decedent survives the decedent.  (b) The first $150,000.00, plus 1/2 of any balance of the intestate estate, if all of the decedent's surviving descendants are also descendants of the surviving spouse and there is no other descendant of the surviving spouse who survives the decedent.  (c) The first $150,000.00, plus 3/4 of any balance of the intestate estate, if no descendant of the decedent survives the decedent, but a parent of the decedent survives the decedent.  (d) The first $150,000.00, plus 1/2 of any balance of the intestate estate, if all of the decedent's surviving descendants are also descendants of the surviving spouse and the surviving spouse has 1 or more surviving descendants who are not descendants of the decedent.  (e) The first $150,000.00, plus 1/2 of any balance of the intestate estate, if 1 or more, but not all, of the decedent's surviving descendants are not descendants of the surviving spouse.  (f) The first $100,000.00, plus 1/2 of any balance of the intestate estate, if none of the decedent's surviving descendants are descendants of the surviving spouse.  (2) Each dollar amount listed in subsection (1) shall be adjusted as provided in section 1210. History: 1998, Act 386, Eff. Apr. 1, 2000 Popular Name: EPIC
MI Comp L § 700.2103 (2021)
2021 Michigan Compiled Laws|Chapter 700 - Estates and Protected Individuals Code|Act 386 of 1998 - Estates and Protected Individuals Code (700.1101 - 700.8206)|Article II - Intestacy, Wills, and Donative Transfers (700.2101...700.2959)|386-1998-II-1 - Part 1 Intestate Succession (700.2101...700.2114)|Section 700.2103 - Share of Heirs Other Than Surviving Spouse.

700.2103 Share of heirs other than surviving spouse. Sec. 2103.  Any part of the intestate estate that does not pass to the decedent's surviving spouse under section 2102, or the entire intestate estate if there is no surviving spouse, passes in the following order to the following individuals who survive the decedent:  (a) The decedent's descendants by representation.  (b) If there is no surviving descendant, the decedent's parents equally if both survive or to the surviving parent.  (c) If there is no surviving descendant or parent, the descendants of the decedent's parents or of either of them by representation.  (d) If there is no surviving descendant, parent, or descendant of a parent, but the decedent is survived by 1 or more grandparents or descendants of grandparents, 1/2 of the estate passes to the decedent's paternal grandparents equally if both survive, or to the surviving paternal grandparent, or to the descendants of the decedent's paternal grandparents or either of them if both are deceased, the descendants taking by representation; and the other 1/2 passes to the decedent's maternal relatives in the same manner. If there is no surviving grandparent or descendant of a grandparent on either the paternal or the maternal side, the entire estate passes to the decedent's relatives on the other side in the same manner as the 1/2. History: 1998, Act 386, Eff. Apr. 1, 2000 Popular Name: EPIC
MI Comp L § 700.2104 (2021)
2021 Michigan Compiled Laws|Chapter 700 - Estates and Protected Individuals Code|Act 386 of 1998 - Estates and Protected Individuals Code (700.1101 - 700.8206)|Article II - Intestacy, Wills, and Donative Transfers (700.2101...700.2959)|386-1998-II-1 - Part 1 Intestate Succession (700.2101...700.2114)|Section 700.2104 - Requirement That Heir Survive Decedent for 120 Hours.

700.2104 Requirement that heir survive decedent for 120 hours. Sec. 2104.  An individual who fails to survive the decedent by 120 hours is considered to have predeceased the decedent for purposes of homestead allowance, exempt property, and intestate succession, and the decedent's heirs are determined accordingly. If it is not established by clear and convincing evidence that an individual who would otherwise be an heir survived the decedent by 120 hours, it is considered that the individual failed to survive for the required period. This section does not apply if its application would result in a taking of the intestate estate by the state under section 2105. History: 1998, Act 386, Eff. Apr. 1, 2000 Popular Name: EPIC
MI Comp L § 700.2105 (2021)
2021 Michigan Compiled Laws|Chapter 700 - Estates and Protected Individuals Code|Act 386 of 1998 - Estates and Protected Individuals Code (700.1101 - 700.8206)|Article II - Intestacy, Wills, and Donative Transfers (700.2101...700.2959)|386-1998-II-1 - Part 1 Intestate Succession (700.2101...700.2114)|Section 700.2105 - No Taker; Effect.

700.2105 No taker; effect. Sec. 2105.  If there is no taker under the provisions of this article, the intestate estate passes to this state. History: 1998, Act 386, Eff. Apr. 1, 2000 Popular Name: EPIC
MI Comp L § 700.2106 (2021)
2021 Michigan Compiled Laws|Chapter 700 - Estates and Protected Individuals Code|Act 386 of 1998 - Estates and Protected Individuals Code (700.1101 - 700.8206)|Article II - Intestacy, Wills, and Donative Transfers (700.2101...700.2959)|386-1998-II-1 - Part 1 Intestate Succession (700.2101...700.2114)|Section 700.2106 - Representation.

700.2106 Representation. Sec. 2106.  (1) If, under section 2103(a), a decedent's intestate estate or a part of the estate passes by representation to the decedent's descendants, the estate or part of the estate is divided into as many equal shares as the total of the surviving descendants in the generation nearest to the decedent that contains 1 or more surviving descendants and the deceased descendants in the same generation who left surviving descendants, if any. Each surviving descendant in the nearest generation is allocated 1 share. The remaining shares, if any, are combined and then divided in the same manner among the surviving descendants of the deceased descendants as if the surviving descendants who were allocated a share and their surviving descendants had predeceased the decedent.  (2) If, under section 2103(c) or (d), a decedent's intestate estate or a part of the estate passes by representation to the descendants of the decedent's deceased parents or either of them or to the descendants of the decedent's deceased paternal or maternal grandparents or either of them, the estate or part of the estate is divided into as many equal shares as the total of the surviving descendants in the generation nearest the deceased parents or either of them, or the deceased grandparents or either of them, that contains 1 or more surviving descendants and the deceased descendants in the same generation who left surviving descendants, if any. Each surviving descendant in the nearest generation is allocated 1 share. The remaining shares, if any, are combined and then divided in the same manner among the surviving descendants of the deceased descendants as if the surviving descendants who were allocated a share and their surviving descendants had predeceased the decedent.  (3) As used in this section:  (a) "Deceased descendant", "deceased parent", or "deceased grandparent" means a descendant, parent, or grandparent who either predeceased the decedent or is considered to have predeceased the decedent under section 2104.  (b) "Surviving descendant" means a descendant who neither predeceased the decedent nor is considered to have predeceased the decedent under section 2104. History: 1998, Act 386, Eff. Apr. 1, 2000 Popular Name: EPIC
MI Comp L § 700.2107 (2021)
2021 Michigan Compiled Laws|Chapter 700 - Estates and Protected Individuals Code|Act 386 of 1998 - Estates and Protected Individuals Code (700.1101 - 700.8206)|Article II - Intestacy, Wills, and Donative Transfers (700.2101...700.2959)|386-1998-II-1 - Part 1 Intestate Succession (700.2101...700.2114)|Section 700.2107 - Relative of Half Blood.

700.2107 Relative of half blood. Sec. 2107.  A relative of the half blood inherits the same share he or she would inherit if he or she were of the whole blood. History: 1998, Act 386, Eff. Apr. 1, 2000 Popular Name: EPIC
MI Comp L § 700.2108 (2021)
2021 Michigan Compiled Laws|Chapter 700 - Estates and Protected Individuals Code|Act 386 of 1998 - Estates and Protected Individuals Code (700.1101 - 700.8206)|Article II - Intestacy, Wills, and Donative Transfers (700.2101...700.2959)|386-1998-II-1 - Part 1 Intestate Succession (700.2101...700.2114)|Section 700.2108 - Afterborn Heirs.

700.2108 Afterborn heirs. Sec. 2108.  An individual in gestation at a particular time is treated as living at that time if the individual lives 120 hours or more after birth. History: 1998, Act 386, Eff. Apr. 1, 2000 Popular Name: EPIC
MI Comp L § 700.2109 (2021)
2021 Michigan Compiled Laws|Chapter 700 - Estates and Protected Individuals Code|Act 386 of 1998 - Estates and Protected Individuals Code (700.1101 - 700.8206)|Article II - Intestacy, Wills, and Donative Transfers (700.2101...700.2959)|386-1998-II-1 - Part 1 Intestate Succession (700.2101...700.2114)|Section 700.2109 - Advancements.

700.2109 Advancements. Sec. 2109.  (1) If an individual dies intestate as to all or a portion of his or her estate, property the decedent gave during the decedent's lifetime to an individual who, at the decedent's death, is an heir is treated as an advancement against the heir's intestate share only under either of the following circumstances:  (a) The decedent declared in a contemporaneous writing or the heir acknowledged in writing that the gift is an advancement.  (b) The decedent's contemporaneous writing or the heir's written acknowledgment otherwise indicates that the gift is to be taken into account in computing the division and distribution of the decedent's intestate estate.  (2) For purposes of subsection (1), property advanced is valued as of the time the heir came into possession or enjoyment of the property or as of the time of the decedent's death, whichever first occurs.  (3) If the recipient of property advanced fails to survive the decedent, the property is not taken into account in computing the division and distribution of the decedent's intestate estate, unless the decedent's contemporaneous writing provides otherwise. History: 1998, Act 386, Eff. Apr. 1, 2000 Popular Name: EPIC
MI Comp L § 700.2110 (2021)
2021 Michigan Compiled Laws|Chapter 700 - Estates and Protected Individuals Code|Act 386 of 1998 - Estates and Protected Individuals Code (700.1101 - 700.8206)|Article II - Intestacy, Wills, and Donative Transfers (700.2101...700.2959)|386-1998-II-1 - Part 1 Intestate Succession (700.2101...700.2114)|Section 700.2110 - Debts to Decedent.

700.2110 Debts to decedent. Sec. 2110.  A debt owed to a decedent is not charged against the intestate share of any individual except the debtor. If the debtor fails to survive the decedent, the debt is not taken into account in computing the intestate share of the debtor's descendants. History: 1998, Act 386, Eff. Apr. 1, 2000 Popular Name: EPIC
MI Comp L § 700.2111 (2021)
2021 Michigan Compiled Laws|Chapter 700 - Estates and Protected Individuals Code|Act 386 of 1998 - Estates and Protected Individuals Code (700.1101 - 700.8206)|Article II - Intestacy, Wills, and Donative Transfers (700.2101...700.2959)|386-1998-II-1 - Part 1 Intestate Succession (700.2101...700.2114)|Section 700.2111 - Alienage.

700.2111 Alienage. Sec. 2111.  An individual is not disqualified to take as an heir because the individual or an individual through whom he or she claims is or has been an alien. History: 1998, Act 386, Eff. Apr. 1, 2000 Popular Name: EPIC
MI Comp L § 700.2113 (2021)
2021 Michigan Compiled Laws|Chapter 700 - Estates and Protected Individuals Code|Act 386 of 1998 - Estates and Protected Individuals Code (700.1101 - 700.8206)|Article II - Intestacy, Wills, and Donative Transfers (700.2101...700.2959)|386-1998-II-1 - Part 1 Intestate Succession (700.2101...700.2114)|Section 700.2113 - Individuals Related to Decedent Through Two Lines.

700.2113 Individuals related to decedent through two lines. Sec. 2113.  An individual who is related to the decedent through 2 lines of relationship is entitled to only a single share based on the relationship that would entitle the individual to the larger share. History: 1998, Act 386, Eff. Apr. 1, 2000 Popular Name: EPIC
MI Comp L § 700.2201 (2021)
2021 Michigan Compiled Laws|Chapter 700 - Estates and Protected Individuals Code|Act 386 of 1998 - Estates and Protected Individuals Code (700.1101 - 700.8206)|Article II - Intestacy, Wills, and Donative Transfers (700.2101...700.2959)|386-1998-II-2 - Part 2 Elective Share of Surviving Spouse (700.2201...700.2206)|Section 700.2201 - Surviving Spouse's Right to Elective Share.

700.2201 Surviving spouse's right to elective share. Sec. 2201.  Subject to sections 2203 to 2205, upon an individual's death, the individual's surviving spouse has the right described by section 2202. History: 1998, Act 386, Eff. Apr. 1, 2000 Popular Name: EPIC
MI Comp L § 700.2203 (2021)
2021 Michigan Compiled Laws|Chapter 700 - Estates and Protected Individuals Code|Act 386 of 1998 - Estates and Protected Individuals Code (700.1101 - 700.8206)|Article II - Intestacy, Wills, and Donative Transfers (700.2101...700.2959)|386-1998-II-2 - Part 2 Elective Share of Surviving Spouse (700.2201...700.2206)|Section 700.2203 - Failure to Timely Elect; Exceptions.

700.2203 Failure to timely elect; exceptions. Sec. 2203.  If a surviving spouse fails to make an election within the time specified in section 2202, it is conclusively presumed that an intestate decedent's widow elects her intestate share or that a testate decedent's spouse elects to abide by the terms of the will, except in either of the following instances:  (a) If an election is not made and the principal administration is closed, and if after that administration is closed it appears to the court that assets belonging to the estate are discovered and administration is granted, the election may be made out of the newly discovered assets only upon good cause shown at any time before that administration is closed.  (b) Before the estate is closed, upon petition of the spouse and after notice to all interested persons, the court may permit the spouse to make an election to which the spouse was entitled as though the spouse had done so within the time specified in section 2202, if the court considers it proper on account of litigation connected with the estate or the establishment of further claims against the deceased, or for other cause. The court shall limit the time within which the spouse may make an election under this subdivision. History: 1998, Act 386, Eff. Apr. 1, 2000 ;-- Am. 2000, Act 54, Eff. Apr. 1, 2000 Popular Name: EPIC
MI Comp L § 700.2204 (2021)
2021 Michigan Compiled Laws|Chapter 700 - Estates and Protected Individuals Code|Act 386 of 1998 - Estates and Protected Individuals Code (700.1101 - 700.8206)|Article II - Intestacy, Wills, and Donative Transfers (700.2101...700.2959)|386-1998-II-2 - Part 2 Elective Share of Surviving Spouse (700.2201...700.2206)|Section 700.2204 - Actions Not Preventing Election.

700.2204 Actions not preventing election. Sec. 2204.  Filing of a petition to admit the will of a deceased spouse, failing to object or consenting to admission of the will to probate, or accepting appointment as a personal representative does not prevent a surviving spouse's election to take against the will. History: 1998, Act 386, Eff. Apr. 1, 2000 Popular Name: EPIC
MI Comp L § 700.2205 (2021)
2021 Michigan Compiled Laws|Chapter 700 - Estates and Protected Individuals Code|Act 386 of 1998 - Estates and Protected Individuals Code (700.1101 - 700.8206)|Article II - Intestacy, Wills, and Donative Transfers (700.2101...700.2959)|386-1998-II-2 - Part 2 Elective Share of Surviving Spouse (700.2201...700.2206)|Section 700.2205 - Waiver of Rights by Surviving Spouse.

700.2205 Waiver of rights by surviving spouse.Sec. 2205.  The rights of the surviving spouse to a share under intestate succession, homestead allowance, election, exempt property, or family allowance may be waived, wholly or partially, before or after marriage, by a written contract, agreement, or waiver signed by the party waiving after fair disclosure. Unless it provides to the contrary, a waiver of "all rights" in the property or estate of a present or prospective spouse or a complete property settlement entered into after or in anticipation of separate maintenance is a waiver of all rights to homestead allowance, election, exempt property, and family allowance by the spouse in the property of the other and is an irrevocable renunciation by the spouse of all benefits that would otherwise pass to the spouse from the other spouse by intestate succession or by virtue of a will executed before the waiver or property settlement. History: 1998, Act 386, Eff. Apr. 1, 2000 ;-- Am. 2000, Act 54, Eff. Apr. 1, 2000 ;-- Am. 2016, Act 490, Eff. Apr. 6, 2017 Popular Name: EPIC
MI Comp L § 700.2206 (2021)
2021 Michigan Compiled Laws|Chapter 700 - Estates and Protected Individuals Code|Act 386 of 1998 - Estates and Protected Individuals Code (700.1101 - 700.8206)|Article II - Intestacy, Wills, and Donative Transfers (700.2101...700.2959)|386-1998-II-2 - Part 2 Elective Share of Surviving Spouse (700.2201...700.2206)|Section 700.2206 - Pre-Existing Right Not Created.

700.2206 Pre-existing right not created. Sec. 2206.  Sections 2201 to 2205 shall not be construed as creating an inchoate or choate right to the rights described in those sections in the property of a spouse before the death of a spouse. History: 1998, Act 386, Eff. Apr. 1, 2000 Popular Name: EPIC
MI Comp L § 700.2301 (2021)
2021 Michigan Compiled Laws|Chapter 700 - Estates and Protected Individuals Code|Act 386 of 1998 - Estates and Protected Individuals Code (700.1101 - 700.8206)|Article II - Intestacy, Wills, and Donative Transfers (700.2101...700.2959)|386-1998-II-3 - Part 3 Spouse or Child Not Provided for in the Will (700.2301...700.2302)|Section 700.2301 - Entitlement of Spouse; Premarital Will.

700.2301 Entitlement of spouse; premarital will.Sec. 2301.  (1) Except as provided in subsection (2), if a testator's surviving spouse marries the testator after the testator executes his or her will, the surviving spouse is entitled to receive, as an intestate share, not less than the value of the share of the estate the surviving spouse would have received if the testator had died intestate as to that portion of the testator's estate, if any, that is not any of the following:  (a) Property devised to or in trust for the benefit of a child of the testator who was born before the testator married the surviving spouse and who is not the surviving spouse's child.  (b) Property devised to or in trust for the benefit of a descendant of a child described in subdivision (a).  (c) Property that passes under section 2603 or 2604 to a child described in subdivision (a) or to a descendant of such a child.  (2) Subsection (1) does not apply if any of the following are true:  (a) From the will or other evidence, it appears that the will was made in contemplation of the testator's marriage to the surviving spouse.  (b) The will expresses the intention that it is to be effective notwithstanding a subsequent marriage.  (c) The testator provided for the spouse by transfer outside the will, and the intent that the transfer be a substitute for a testamentary provision is shown by the testator's statements or is reasonably inferred from the amount of the transfer or other evidence.  (3) In satisfying the share provided by this section, devises made by the will to the testator's surviving spouse, if any, are applied first, and other devises, other than a devise to or in trust for the benefit of a child of the testator who was born before the testator married the surviving spouse and who is not the surviving spouse's child or a devise or substitute gift under section 2603 or 2604 to a descendant of such a child, abate as provided in section 3902.  (4) A spouse who receives an intestate share under this section may also exercise the right of election under section 2202, but the intestate share received by the spouse under this section reduces the sum available to the spouse under section 2202(2)(b). History: 1998, Act 386, Eff. Apr. 1, 2000 ;-- Am. 2004, Act 314, Eff. Sept. 1, 2004 ;-- Am. 2005, Act 204, Imd. Eff. Nov. 10, 2005 Popular Name: EPIC