Michigan Laws 700.7113 – Penalty clause for contest of trust
Current as of: 2023 | Check for updates
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Terms Used In Michigan Laws 700.7113
- Person: means an individual or an organization. See Michigan Laws 700.1106
- Probable cause: A reasonable ground for belief that the offender violated a specific law.
- Proceeding: includes an application and a petition, and may be an action at law or a suit in equity. See Michigan Laws 700.1106
- Trust: includes , but is not limited to, an express trust, private or charitable, with additions to the trust, wherever and however created. See Michigan Laws 700.1107
A provision in a trust that purports to penalize an interested person for contesting the trust or instituting another proceeding relating to the trust shall not be given effect if probable cause exists for instituting a proceeding contesting the trust or another proceeding relating to the trust.