Twin Lake, MI asked in Probate for Michigan

Q: Do I have to find FMV for appliances that were included in the purchase price of my deceased mother's home?

Would they be included in the FMV of her home or do I have to list them separately? We plan on including them when we sell the home.

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1 Lawyer Answer

A: Usually, when a house is sold appliances are listed separately as personal property, and they are transferred using a bill of sale or an assignment of property. This is in contrast to the real estate, which is transferred using a deed. Your settlement statement at the closing should include values for each of these items separately. So the short answer is yes. Assuming the reason you are asking this question is for a probate inventory, appliances should be valued separately from the real estate.

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