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Michigan Summary Administration Package for Small Estates

Michigan Probate Small Estate Form

Category:

Michigan Probate - Small Estates

State:

Michigan

Control #:

MI-ET20

Format:

Instant download

Description Administration Small Estates

Summary Administration Package for Small Estates

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Summary Administration Order Bundle Small Estates Summary Administration Estates Summary Administration Bundle Michigan Administration Estates Summary Administration Form Order Mi Administration Estates

Administration Pack Estates FAQ

In most states, however, there is the option to use a small estate affidavit when the assets of the estate are under a certain dollar amount, which varies by state. An attorney is not required to file a small estate affidavit, although it may be helpful to consult with one prior to filing the small estate affidavit.

In order to qualify for a simplified process, an estate must be valued at or below $24,000 for a decedent who died in 2020. This number goes up every few years. To learn more about the simplified processes, read the article An Overview of Small Estate Processes.

In Michigan you can use an Affidavit if the estate does not include real property and the value of the entire estate, less liens and encumbrances, is less than $15,000. There is a 28-day waiting period.

Formal Probate Most Michigan probate cases can be wrapped up within seven months to a year after the personal representative is appointed. After notice of the probate is given, creditors have four months to file a claim.

Whether an estate is small depends on the value of the property in it. The dollar limit can change each year. If a person dies in 2020, an estate must be valued at $24,000 or less to be small. If a person dies in 2019 or 2018, an estate must be valued at $23,000 or less.

Small estate administration is a simplified court procedure that is an alternative to the longer probate process.This procedure asks the court to allow you to divide and distribute their property to people who either have a legal right to inherit or listed in the testator's will.

Michigan Probate Small Estate Form

Description Administration Small Estates

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Administration Pack Estates FAQ

Do I need a lawyer to file a small estate affidavit with the court?

How much does an estate have to be worth to go to probate in Michigan?

What are Michigan's requirements for a small estate affidavit?

How long does an executor have to settle an estate in Michigan?

What is considered a small estate in Michigan?

What does heir small estate mean?

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