No. Real property owned by two (or more) people as joint tenants passes automatically to the surviving joint tenant upon the death of the other.
When property is owned as joint tenants with the right of survivorship the property is NOT part of the estate of the first joint owner to die.
If the decedent left any property that was solely owned the estate must be probated. Any property owned as joint tenants would automatically pass to the surviving joint tenant.
No. Ownership of joint property passes automatically to the surviving joint tenant and does not become part of a decedent's estate.
Yes.
When it is owned as tenants by the entirety or joint tenants with another person.
If the property was owned by the couple as joint tenants or tenants by the entirety the decedent's interest passes automatically to the surviving spouse and is not part of the probate estate. If the property was owned solely by the decedent it becomes part of the estate.
Yes. Any jointly owned assets do not form part of the deceaseds estate. The assets therefore belongs to the joint owner. This would be true even if the assets was a house.
If the only assets owned by the decedent were joint accounts then those accounts would be owned by the surviving joint owner. Real property, if not held in a joint ownership with right of survivorship, would need to be probated to vest title in the heirs.
If owned by the decedent, yes. Any property owned by the decedent at the time of death is part of their estate.If owned by the decedent, yes. Any property owned by the decedent at the time of death is part of their estate.If owned by the decedent, yes. Any property owned by the decedent at the time of death is part of their estate.If owned by the decedent, yes. Any property owned by the decedent at the time of death is part of their estate.
In Michigan can jointly owned real estate by used to satisfy a judgement against one of the joint owners?
A lien does not go away with the death. It remains against the estate of the deceased. The debtors will likely file their claim with the estate and make sure they get their money one way or another.
When the surviving joint tenant dies the property passes according to their Will or under the laws of intestacy if there is no Will. If they owned real property at time of death the estate must be probated in order for legal title to pass to the heirs.