Michigan Probate Estates Real Estate Sales

The Executor of an Estate is allowed to sell property owned by the deceased person, as long as there are no surviving joint owners or clauses in the Will that prevent selling the property.

Given that this process only usually takes about eight weeks, many people begin advertising their house for sale in the meantime. However, the sale cannot be completed until the seller has received the Grant of Probate.

The executor can sell property without getting all of the beneficiaries to approve.Once the executor is named there is a person appointed, called a probate referee, who will appraise the estate assets. Among those assets will be the real estate and the probate referee will appraise the real estate.

Yes, but the proceeds from the sale may not be dispersed exactly as you would assume. If you're the executor of an estate, you can sell real estate held by the deceased provided that it was not willed to a beneficiary to help cover probate costs.

Yes, but the proceeds from the sale may not be dispersed exactly as you would assume. If you're the executor of an estate, you can sell real estate held by the deceased provided that it was not willed to a beneficiary to help cover probate costs.

Executors have also traditionally set fees as a percentage of the overall estate value. So for example, a $600K estate which required 850 hours of work might generate $22K in executor fees (see calculator below). The executor may pay himself or herself this compensation as earned, without prior court approval.

Once a grant of probate is made the deceased person's property can be transferred to their beneficiaries or sold.

Formal Probate Most Michigan probate cases can be wrapped up within seven months to a year after the personal representative is appointed. After notice of the probate is given, creditors have four months to file a claim.