Unsupervised administration of an estate may be conducted using informal or formal proceedings. While very similar to informal proceedings, probating a decedentís estate using formal proceedings provides the security of a court order deciding issues within the estate. Select the link for more details regarding formal estates.
Next to using the Small Estate procedures, probating a decedentís estate using informal proceedings is the easiest way probate an estate. Some of the features of an informal proceeding are that no court hearings are necessary, a personal representative (sometimes referred to as an executor) is appointed by the court and given authority to probate the estate, and most of the activities involved in probating the estate are done without court involvement. Select the link for more details regarding informal estate procedures.
Michigan law provides a streamlined process for distributing the assets in a decedentís estate if the balance of the estate after the payment of the decedentís funeral and burial expenses is $18,000 or less. The process is quick, inexpensive, and no court hearings are necessary. Select the link for more details regarding small estates.
Supervised administration of an estate is available in some limited circumstances and provides for close oversight by the court over the probate process. Only a very small percentage of decedents estates go through supervised proceedings. Select the link for more details regarding supervised estates.