Account of Fiduciary, Short Form Michigan Courts State of Michigan Barrycounty
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People also ask
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What is a special personal representative in Michigan?
The duties of a special personal representative appointed under this subdivision shall be specified in the order of appointment and may include making arrangements with a funeral home, securing a burial plot if needed, obtaining veteran's or pauper's funding where appropriate, and determining the disposition of the ...
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What is probate court in Michigan?
The probate court is responsible for determining whether or not the guardianship or conservator- ship is legally appropriate for the individual, and for determining who should serve in this role.
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What is a fiduciary in simple terms?
A fiduciary is someone who manages money or property for someone else. When you're named a fiduciary and accept the role, you must – by law – manage the person's money and property for their benefit, not yours.
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What is the difference between a fiduciary and an executor?
A Fiduciary refers to any individual acting on behalf of another, and in Estate Planning this often means in a legal capacity. An Executor, on the other hand, is a much more narrow responsibility. Executors can only act on the terms laid out in a Will.
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What is the fiduciary law in Michigan?
Under Michigan law, a fiduciary relationship is defined “as a person who has a relationship in which one person is under a duty to act for the benefit of the other on matters within the scope of the relationship.” Alternatively, a fiduciary duty is like the “golden rule” and we are required to “treat others how we ...
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What is a special fiduciary in Michigan?
Appointment of a special fiduciary suspends the powers of the general fiduciary unless the order of appointment provides otherwise. The appointment may be for a specified time and the special fiduciary is an interested person for all purposes in the proceeding until the appointment terminates.
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How to file in Oakland County probate court?
The Oakland County Probate Court accepts filings in-person at the Probate Court Clerk's Office, by mail, or by fax. The fax number is (248) 452-2016. The filing counter is open Monday through Friday from 8:00 a.m. to 4:30 p.m. However, for same day processing, we ask that you are in line by no later than 3:30 pm.
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