
Personal Representative for Genesee County Mi Form
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People also ask
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Which is a responsibility of the personal representative?
A personal representative usually arranges for the management and security of estate property, handles payments of all debts and expenses owed by both the deceased and the estate, and assesses income-tax and estate-tax liabilities.
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How long does a personal representative have to settle an estate in Michigan?
(g) That, if the estate is not settled within 1 year after the personal representative's appointment, within 28 days after the anniversary of the appointment, the personal representative must file with the court and send to each interested person a notice that the estate remains under administration and must specify ...
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What are the duties of a personal representative in Michigan?
General Duties of PR Provide written notice to court and all interested persons within 7 days of change of address. Follow the Michigan Prudent Investor Rule. Settle and distribute estate ing to law. Act expeditiously and efficiently. Act in the best interests of estate and claimants whose claims have been allowed.
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What power does a personal representative have in Michigan?
The personal representative is under a duty to settle and distribute the estate "as expeditiously and efficiently as is consistent with the best interests of the estate" and "except as otherwise specified or ordered in regard to a supervised personal representative, without adjudication, order or direction of the court ...
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What is the priority of a personal representative in Michigan?
(4) A personal representative appointed by a court of the decedent's domicile has priority over all other persons except if the decedent's will nominates different persons to be personal representatives in this state and in the state of domicile.
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How to file for personal representative in Michigan?
If you want to be the personal representative, complete the Application for Informal Probate and/ or Appointment of Personal Representative form. File the form, the decedent's will (if there is one), and a certified copy of the death certificate with the county probate court where the decedent lived.
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What is the priority of a personal representative in Michigan?
(4) A personal representative appointed by a court of the decedent's domicile has priority over all other persons except if the decedent's will nominates different persons to be personal representatives in this state and in the state of domicile.
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Does Michigan use executor or personal representative?
One of the most important reasons to make a will is to name your executor—commonly called a "personal representative" in Michigan. After your death, your executor's primary job is to protect your property until any debts and taxes have been paid, and then transfer what's left to those who are entitled to it.
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