This Application for Informal Probate and or Appointment of Personal Representative - Testate - Intestate is an official document from the Michigan State Court Administration Office, and it complies with all applicable state and Federal codes and statutes. USLF updates all state and Federal forms as is required by state and Federal statutes and law.
Detroit Michigan Application for Informal Probate and/or Appointment of Personal Representative (Testate/Intestate)
State:
Michigan
City:
Detroit
Control #:
MI-PC-558
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Word;
PDF
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How to fill out Michigan Application For Informal Probate And/or Appointment Of Personal Representative (Testate/Intestate)?
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FAQ
Statutes say that probate should be finished within one year, but special circumstances may cause it to go longer.
Probate timescales will depend on the complexity and size of the estate. If there is a Will in place and the estate is relatively straightforward it can be done within 6 months. If there is no Will or the Estate can not easily be valued or identified then the process may take longer, likely more than 12 months.
Living Trusts In Michigan, you can make a living trust to avoid probate for virtually any asset you own?real estate, bank accounts, vehicles, and so on. You need to create a trust document (it's similar to a will), naming someone to take over as trustee after your death (called a successor trustee).
Informal probate typically takes less than a year, and may take less than six months. However, if it extends for more than a year, you will need to file a Notice of Continuing Administration.
A personal representative may be formally appointed by a Probate Judge after a petition is filed in the Probate Court. The petition can be filed by an interested person to the decedent's estate.
Formal proceedings have more steps than informal proceedings. If a dispute over the will or appointing a personal representative is likely, formal proceedings give more oversight and finality than informal ones. Formal proceedings are done in front of a probate court judge.
Assets owned in the deceased's name only (such as real estate, bank accounts, stocks and bonds) and personal property exceeding $15,000 generally have to go to probate court. Michigan law also allows for a streamlined probate process in the case of smaller estates under a certain value.
However, when an individual dies without a will -- referred to as dying intestate -- a probate court appoints an executor or personal representative. In Michigan, as in other states, a deceased person's family members or friends may request appointment by a probate court.