Michigan Sample Letter for Petition to Close Estate
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How to fill out Sample Letter For Petition To Close Estate?
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FAQ
MI Form PC 589, which may also referred to as Notice Of Intent To Close Estate Administration And Terminate Personal Representative's Authority, is a probate form in Michigan. It is used by executors, personal representatives, trustees, guardians & other related parties during the probate & estate settlement process.
Michigan law allows for executors and probate lawyers to be compensated for their time out of the estate's assets. You should track the time you spend working on everything from inventory to finances and travel time. You shouldn't have to carry a financial burden in administering your loved one's estate.
(1) An interested person may petition for removal of a personal representative for cause at any time. Upon filing of the petition, the court shall fix a time and place for hearing. The petitioner shall give notice to the personal representative and to other persons as the court orders.
An estate in unsupervised administration can be closed by filing a ?Sworn Statement to Close Unsupervised Administration? (PC591), or a ?Petition for Adjudication of Testacy and Complete Estate Settlement? (PC594), or a ?Petition for Complete Estate Settlement, Testacy Previously Adjudicated? (PC593).
If the estate is not settled within a year of the first personal representative's appointment, file a Notice of Continued Administration with the court stating why the estate must remain open.
The court will consider whether or not the resignation is in the estate's best interest before granting or denying it. If the request is granted, the court once again looks for a successor executor. If there isn't one, they will follow the established probate laws in their state.
