How to Complete a Probate Inventory

You’ve been appointed the personal representative of a deceased estate in the State of Michigan. Now, it is time to present the probate inventory. First, you need to complete the Estate Court Administrator form for the preparation of the required probate inventory. This form is required under both Michigan statute and Michigan Court Rule. We [...]

2020-02-14T11:34:56-05:00Friday, February 14, 2020|estate administration, Personal Representative|0 Comments

How to Distribute a Probate Estate

You’ve got a probate estate open and you’re the personal representative, but don’t know how to fully administer the estate. Plus, you must pay creditors, settle all the debts, pay all the exemptions, allowances and administrative expenses. Let’s go over on how to distribute an estate. Once you’ve liquidated all the estate assets and are [...]

Out of State Personal Representative, Guardian, Conservator

You have been appointed as a fiduciary by the probate court, but you live out of state or even out of the country. What do you do? Well, distance from the probate court can make it difficult to stay up to date and to fulfill your duties as a guardian, conservator, or personal representative. Hiring local counsel [...]

2019-11-13T09:31:32-05:00Tuesday, November 12, 2019|conservator, Guardian, Personal Representative|0 Comments

The Statutes and Case Law Behind the Appointment of a Conservator in Michigan

Conservator Appointment in Michigan Unfortunately, there are times when a person is not able to manage their own financial affairs.  If the person has failed to adequately plan with a Power of Attorney, a person, called a “conservator” can be appointed by the probate court in which the individual resides. Upon the filing of a [...]

Millennials… the next clients needing estate plans?

Why should an estate plan be top-of-mind for millennials? The truth is, we cannot predict the future. We don’t know when our time will come. Terrible accidents happen all the time. What we do know is what a mess you could potentially be leaving behind if you do not have a will. As millennials begin [...]

Aretha Franklin died without a will. What does this mean for her estate?

Aretha Franklin - Queen of Soul We learned recently that Aretha Franklin, the late Detroit native and Queen of Soul to millions of her fans around the world, has died without a will. News reports to this effect broke early last week, causing many to wonder how this will affect the vast wealth she accumulated [...]

Artwork, Antiques, Collectibles… How to Plan for Them?

Don’t let your investments end up being considered just “personal property.” After your death, all of the things in your home or office are considered  “personal property” and depending on how you’ve planned, may become subject to the determination of the person appointed as your personal representative.  The personal representative can decide to sell them, [...]

How Much $ Would You Pay for an A+ Estate Plan?

Probate costs can far exceed the cost of personally crafted estate plan. Everyone’s situation is different, and therefore, everyone has a different need for an estate plan. An estate plan is personalized and created custom to fit your needs. You could say that getting a skillfully drafted estate plan is one of the best investments [...]

What is a Guardian Ad Litem?

When would I encounter a Guardian ad Litem? Let’s say you’re in court as the Personal Representative of your loved one’s estate and you have everything ready to go. You have your letters of authority, an inventory in hand, and you are about to petition the court to get approval to sell some real property. [...]

We Should All Have A Death File

A death file is either a physical or digital file that contains everything that a loved one would need after your passing. What should be in your death file? Well there are the obvious documents, like your last will and testament, any trust documents, beneficiary designations, etc. But what else is important? You should have [...]