If a deceased resident owns property outside their home state, is this property value included in determining the worth of the estate?
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If a deceased resident owns property outside their home state, is this property value included in determining the worth of the estate?
Asked on December 11, 2012 under Estate Planning, Michigan
Answers:
Victor Waid / Law Office of Victor Waid
Answered 11 years ago | Contributor
An ancillary probate will need to be filed in the estate where the real property is located. But for determining value of the estate the answer is yes.
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