Michigan Small Estate Affidavit Form Pc 598
Description
How to fill out Michigan Summary Administration Package For Small Estates?
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FAQ
A creditor has 4 months from the date of publication or 1 month from the date they receive actual notice, whichever is later, to present their written claim or it will be barred.
A Michigan small estate affidavit is a document that allows a petitioner, known as an affiant, to stake a claim on property from the estate of a deceased loved one, known as the decedent. In Michigan, this process is available to estates that have a value of $15,000 as adjusted for cost of living (see below) or
In any event, where it is accepted that payment is due, the executor can seek to pay you (the creditor) from the deceased's estate. There is normally a six-month period from the deceased's death for creditors to advise the executor of any sums due to them from the estate.
Real Estate Probate If a property is valued below $22,000, a spouse or any surviving heirs can petition a probate court to have the estate probated. For estates valued above $22,000 there is a formal supervised probate process which requires the appointment of a personal representative to distribute the estate.
Filling Out the Michigan Small Estate Affidavit FormName the Decedent. In the first blank line of the document, write the name of the deceased person.State your Relationship with the Decedent.Add the Decedent's Address.Read Statements that Follow.Describe the Property.Detail the Heirs.Sign the Form.Notarize the Form.
