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vickidial1 · Joined: 06 Aug 2010 Posts: 3 1.23 Dollars($)

If my parents own a home free and clear, titled in both their names in the state of Michigan
, when the home is sold, do the proceeds go directly to them? Or do the proceeds go to their Marital trust?

Niicss · Posted: Mon Aug 09, 2010 2:03 am Post subject:

As far as I know, after the property is sold off, then the sale proceeds will go directly to them and not to the marital trust.

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If my parents own a home free & clear in both their names in the state of Michigan, if the home is sold, do the proceeds go to them? Or to their marital trust?