FAQ > Probate (8 entries)

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  • The term probate refers to the manner of administering the property (the estate) of a decedent by a personal representative (PR) (a/k/a the executor) under the jurisdiction of one of the ...
  • There are 3 steps involved in this process: The PR must marshall the assets (secure, determine the values and sort through the decedent’s property)  ...
  • If there is no will, the probate courts will look to appoint a personal representative, and the appointed personal representative will distribute the decedent’s estate in accordance with the laws of ...
  • When a person dies without a will, they die intestate. This means that the decedent’s estate will be distributed to his heirs under the law in accordance with the Michigan ...
  • Probate is required when a decedent holds assets in his name individually at his death. Jointly-held assets, assets with a beneficiary and assets owned by a trust do not have ...
  • That depends on the type of probate that is necessary to transfer title to the decedent’s individually held assets. In some cases and depending upon the value of the assets ...
  • Probate is usually handled by the probate court in the county in which the decedent lived (as a permanent resident) at the time of death. The probate court oversees the validation ...
  • Most probates take anywhere from 9 months to 2 years. The average estate completes in about 1 year but some can be completed in as early as five months.  ...
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