Mich. Comp. Laws § 205.208

Current through Public Act 156 of the 2024 Legislative Session
Section 205.208 - Bequest to executors or trustees subject to tax

If a testator bequeath or devise his property to 1 or more executors or trustees in lieu of their commissions or allowances, to an amount exceeding the commissions or allowances prescribed by law for an executor or trustee, the excess in value of the property so bequeathed or devised above the amount of commissions or allowances prescribed by law shall be taxable under this act.

MCL 205.208

1899, Act 188, Eff. 9/23/1899 ;--Am. 1903, Act 195, Imd. Eff. 6/9/1903 ;--CL 1915, 14531 ;--CL 1929, 3680 ;--CL 1948, 205.208.