Michigan § 554.94 - Applicability of act to certain personal property; scope of trust.
Full text of Michigan Michigan Compiled Laws § 554.94 — Applicability of act to certain personal property; scope of trust., with citation guidance and answers to common questions.
§ 554.94. Applicability of act to certain personal property; scope of trust.
(1) This act applies only to a nonvested interest in, or power of appointment over, personal property held in a trust that is either revocable on, or created after, May 28, 2008, and only to the extent that the trust is not a special appointee trust.
(2) For purposes of this section, both of the following apply:
(a) A trust that is created by the exercise of a power of appointment is created when the power has been irrevocably exercised or when a revocable exercise becomes irrevocable.
(b) A trust is a "special appointee trust" to the extent it includes assets that were held in a trust that was irrevocable on September 25, 1985, and both of the following apply to the assets:
(
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Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 554.94
What does Michigan Compiled Laws § 554.94 cover?
Section 554.94 ("Applicability of act to certain personal property; scope of trust.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 554.94?
A common citation format is "Michigan Compiled Laws § 554.94" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 554.94 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.