Michigan Sample Letter for Re-Request of Execution of Petition For Authority to Sell Property of Estate etc.
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How to fill out Sample Letter For Re-Request Of Execution Of Petition For Authority To Sell Property Of Estate Etc.?
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FAQ
Even without a statutory guideline on executor fees in Michigan, the common understanding among legal professionals suggests that an executor can expect to receive about 2-5% of the estate's value. However, this percentage can vary based on the specifics of the estate and the executor's duties.
(a) The personal representative shall not sell the decedent's real property without approval of the court.
The law doesn't require all heirs to agree, although the process is complex and usually requires the help of an attorney.
The personal representative is under a duty to settle and distribute the estate "as expeditiously and efficiently as is consistent with the best interests of the estate" and "except as otherwise specified or ordered in regard to a supervised personal representative, without adjudication, order or direction of the court ...
If the estate is not settled within a year of the first personal representative's appointment, file a Notice of Continued Administration with the court stating why the estate must remain open.
