Question: LeDuc bought a government bond that was payable on his death to Darcy LeDuc, a relative. LeDuc kept the bond in his safe-deposit box. After LeDuc's death, the state of Michigan held that the bond was taxable as part of his estate because title had not passed to Darcy LeDuc. Was that decision correct? (In re LeDuc's Estate, 5 Mich. App. 390)