Category: Estate Planning

Probate is how an estate gets settled with court supervision. A person, often a surviving spouse or adult child, is (i) appointed by the court if there is no Will, or (ii) nominated by the Will. Once appointed, this person, “executor” or “Personal Representative,” may (i) gather and value the estate’s assets, (ii) pay bills/taxes, […]

If you’re wrapping up the estate of a Michigan resident who died with an estate that’s worth less than a certain dollar amount, you won’t have to go through a formal probate court proceeding. It doesn’t matter whether the deceased person left a will; what matters is the value of the assets that they left […]