LexisNexis Practice Guide: Michigan Probate and Estate Administration

The LexisNexis Practice Guide: Michigan Probate and Estate Administration gives practitioners step-by-step guidance in the area of estate administration.

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The LexisNexis Practice Guide: Michigan Probate and Estate Administration provides clear and concise explanations of the fundamentals of Michigan probate and estate administration practice, checklists to ensure that practitioners address all of the salient points in any transaction, professional tips for both beginning and experienced practitioners, and alerts to traps for the unwary practitioner. To further enhance the usefulness of the practice guide to practitioners, the Practice Guide incorporates both official and unofficial forms needed to complete the estate administration process.

The 2022 edition ISBN is 9781663346797.

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Table of contents

CHAPTER 1 INTRODUCTION TO ESTATE ADMINISTRATION: AN APPROACH TO THE ASSIMILATION AND MANAGEMENT OF INFORMATION

PART I: OVERVIEW

§ 1.01 Scope of Chapter

§ 1.02 Estate Administration Overview

PART II: PRACTICE CONSIDERATIONS

§ 1.03 Preliminary Steps in Probate Administration

PART III: INFORMAL AND SUPERVISED ADMINISTRATION

§ 1.04 Informal Versus Supervised Administration

PART IV: FORMS AND CHECKLISTS

§ 1.05 CHECKLIST: Informal/Supervised Administration: The Initial Steps

§ 1.06 CHECKLIST: Basic Tax Planning Checklist

§ 1.07 CHECKLIST: Considerations for First Meeting with Family or Personal Representative

§ 1.08 Docket of Active Informal Probate Estates

§ 1.09 Docket of Active Supervised Estates

CHAPTER 2 SMALL ESTATES

PART I: CHAPTER OVERVIEW

§ 2.01 Scope

§ 2.02 Overview of Small Estate Considerations

PART II: ADMINISTRATION OF SMALL ESTATES

§ 2.03 Summary Procedures

§ 2.04 Practice Tips

§ 2.05 Administration of Net Estate Less Than Exemptions and Allowances for Surviving Spouse and Children

PART III: TRANSFER OF PROPERTY

§ 2.06 Order and Petition for Assignment and Order for Assignment

§ 2.07 Affidavit Procedure

§ 2.08 Vehicles with Value of $60,000 or Less: Certification from Heir to a Vehicle

§ 2.09 Assets Limited to Wages and Fringe Benefits Payable by an Employer

§ 2.10 De Minimis Considerations: $500 and Wearing Apparel

PART IV: CHECKLISTS AND FORMS

§ 2.11 List of Forms Needed for Summary Administrative Proceedings Administration

§ 2.12 FORM: Petition for Assignment and Order for Assignment

§ 2.13 FORM: Affidavit of Decedent’s Successor for Delivery of Certain Assets Owned by Decedent (PC 598)

§ 2.14 FORM: Certification from the Heir to a Vehicle (TR-29)

§ 2.15 FORM: Application for Informal Probate and/or Appointment of Personal Representative (PC 558)

§ 2.16 FORM: Petition for Probate and/or Appointment of Personal Representative (PC 559)

§ 2.17 FORM: Testimony to Identify Heirs and Devisee Heirs (PC 565)

§ 2.18 FORM: Supplemental Testimony to Identify Nonheir Devisees (PC 566)

§ 2.19 FORM: Register’s Statement (PC 568)

§ 2.20 FORM: Bond of Fiduciary (PC 570)

§ 2.21 FORM: Acceptance of Appointment (PC 571)

§ 2.22 FORM: Letters of Authority for Personal Representative (PC 572)

§ 2.23 FORM: Notice of Appointment and Duties of Personal Representative (PC 573)

§ 2.24 FORM: Notice to Spouse of Rights of Election and Allowances, Proof of Service, and Election (PC 581)

§ 2.25 FORM: Inventory (Decedent Estate) (PC 577)

§ 2.26 FORM: Account of Fiduciary (PC 583 or PC 584)

§ 2.27 FORM: Sworn Closing Statement, Summary Proceeding, Small Estates (PC 590)

§ 2.28 FORM: Certificate of Completion (PC 592)

§ 2.29 FORM: Protected Personal Identifying Information (MC 97)

§ 2.30 FORM: Addendum to Protected Personal Identifying Information (MC 97a)

CHAPTER 3 INFORMAL ADMINISTRATION

PART I: CHAPTER OVERVIEW

§ 3.01 Scope

§ 3.02 Overview of Informal Probate Administration

PART II: FUNDAMENTALS OF PROBATE

§ 3.03 Statutes Related to Probate

§ 3.04 Access to Safe Deposit Box

PART III: PROBATE AND ESTATE ADMINISTRATION FEES

§ 3.05 Statutory Fees

PART IV: ANCILLARY PROBATE PROCEEDINGS

§ 3.06 Ancillary Probate Proceedings

PART V: CHECKLISTS AND FORMS

§ 3.07 FORM: List of Forms Used in Informal Probate Administration

§ 3.08 FORM: Application for Informal Probate and/or Appointment of Personal Representative or Petition for Probate and/or Appointment of Personal Representative

§ 3.09 FORM: Testimony to Identify Heirs and Devisee Heirs

§ 3.10 FORM: Supplemental Testimony to Identify Nonheir Devisees

§ 3.11 FORM: Renunciation of Right to Appointment, Nomination of Personal Representative and Waiver of Notice

§ 3.12 FORM: Acceptance of Appointment

§ 3.13 FORM: Register’s Statement

§ 3.14 FORM: Bond of Fiduciary

§ 3.15 FORM: Personal Representative’s Notice to the Friend of the Court

§ 3.16 FORM: Notice to Creditors—Decedent’s Estate

§ 3.17 FORM: Sample Letter to Personal Representative Regarding Claims

§ 3.18 FORM: Notice of Intent to Request Informal Appointment of Personal Representative

§ 3.19 FORM: Letters of Authority for Personal Representative

§ 3.20 FORM: Notice of Appointment and Duties of Personal Representative

§ 3.21 FORM: Inventory

§ 3.22 FORM: Notice to Spouse of Rights of Election and Allowances, Proof of Service and Election

§ 3.23 FORM: Notice of Continued Administration

§ 3.24 FORM: Account of Fiduciary (Forms PC 583 and PC 584)

§ 3.25 FORM: Sworn Statement to Close Unsupervised Administration

§ 3.26 FORM: Certificate of Completion

§ 3.27 CHECKLIST: Unsupervised Administration Checklist

§ 3.28 CHECKLIST: Alternate Version Informal Estate Administration Checklist

§ 3.29 FORM: Petition and Order to Open Safe Deposit Box to Locate Will or Burial Deed (PC 551)

§ 3.30 FORM: Notice of Foreign Administration Filing (PC 619)

CHAPTER 4 SUPERVISED ADMINISTRATION

PART I: CHAPTER OVERVIEW

§ 4.01 Scope

§ 4.02 Overview of Supervised Administration

PART II: ESTATES AND PROTECTED INDIVIDUALS CODE (EPIC)

§ 4.03 Supervised Probate Administration

PART III: COMPENSATION

§ 4.04 Compensation of Personal Representatives and Attorneys

PART IV: EXPLANATION OF FORMS NEEDED FOR PROBATE PROCEEDINGS

§ 4.05 Brief Synopses of Forms Needed for Probate Administration

PART V: CHECKLISTS AND FORMS

§ 4.06 CHECKLIST: Supervised Administration Checklist

§ 4.07 CHECKLIST: Alternate Supervised Estate Administration Checklist

§ 4.08 FORM: Petition for Probate and/or Appointment of Personal Representative (PC 559)

§ 4.09 FORM: Petition for Supervised Administration After Previous Adjudication (PC 560)

§ 4.10 FORM: Proof of Service (PC 564)

§ 4.11 FORM: Order of Formal Proceedings (PC 569)

§ 4.12 FORM: Waiver and Consent (PC 561)

§ 4.13 FORM: Bond of Fiduciary (PC 570)

§ 4.14 FORM: Letters of Authority of Personal Representative (PC 572)

§ 4.15 FORM: Notice of Hearing (PC 562)

§ 4.16 FORM: Publication of Notice of Hearing (PC 563)

§ 4.17 FORM: Inventory (PC 577)

§ 4.18 FORM: Account of Fiduciary—Short Form (PC 583)

§ 4.19 FORM: Account of Fiduciary—Long Form (PC 584)

§ 4.20 FORM: Petition to Allow Account(s) (PC 585a)

§ 4.21 FORM: Order Allowing Account(s) (PC 585b)

§ 4.22 FORM: Receipt of Distributive Share Personal Property (PC 588)

§ 4.23 FORM: Petition for Adjudication of Testacy and Complete Estate Settlement (PC 594)

§ 4.24 FORM: Petition for Complete Estate Settlement, Testacy Previously Adjudicated (PC 593)

§ 4.25 FORM: Order for Complete Estate Settlement (PC 595)

§ 4.26 FORM: Order of Discharge (PC 597)

§ 4.27 FORM: Request for Certificate of No Michigan Estate Tax Liability (Form 2356)

§ 4.28 FORM: Application for Employer Identification Number (IRS Form SS-4)

§ 4.29 FORM: Notice Concerning Fiduciary Relationship (IRS Form 56)

§ 4.30 FORM: Notice Concerning Fiduciary Relationship of Financial Institution (IRS Form 56-F)

§ 4.31 FORM: Appearance (MC 02)

§ 4.32 FORM: Notice Regarding Attorney Fees (PC 576)

§ 4.33 FORM: Independent Personal Representative

§ 4.34 FORM: Fee Agreement

CHAPTER 5 ELECTIONS, ALLOWANCES AND EXEMPT PROPERTY

PART I: CHAPTER OVERVIEW

§ 5.01 Scope

§ 5.02 Overview of Elections, Allowances, and Exempt Property

PART II: ELECTIONS

§ 5.03 Elections by the Surviving Spouse

PART III: FAMILY RIGHTS AND ALLOWANCES

§ 5.04 Other Family Rights and Allowances

PART IV: EXEMPT PROPERTY

§ 5.05 Exempt Property

§ 5.06 Selection, Determination and Documentation

§ 5.07 Cost of Living Adjustments to Homestead and Family Allowance and Exempt Property

PART V: CHECKLISTS AND FORMS

§ 5.08 FORM: Notice to Spouse of Rights of Election and Allowances, Proof of Service, and Election

§ 5.09 FORM: Selection of Homestead Allowance and Exempt Property—PC 582

CHAPTER 6 DISCLAIMERS

PART I: CHAPTER OVERVIEW

§ 6.01 Scope

§ 6.02 Overview of Disclaimers

PART II: QUALIFIED DISCLAIMERS UNDER FEDERAL AND STATE LAW

§ 6.03 Circumstances in Which Disclaimers Are Useful

§ 6.04 Federal Law Governing Disclaimers

§ 6.05 The Michigan Disclaimer of Property Interests Law

PART III: CHECKLISTS AND FORMS

§ 6.06 FORM: Disclaimer of Interest in Property_1

§ 6.07 FORM: Disclaimer of Interest in Property_2

CHAPTER 7 SETTLEMENT AGREEMENTS AND OTHER LITIGATION MATTERS

PART I: CHAPTER OVERVIEW

§ 7.01 Scope

§ 7.02 Overview of Settlement Agreements and Other Litigation Matters

PART II: INTENTIONS OF DECEDENT VERSUS WISHES OF SURVIVORS

§ 7.03 Intentions of Decedent Versus Wishes of Survivors

PART III: SETTLEMENT AGREEMENTS

§ 7.04 Settlement of Disputes Involving Wills and Trusts

PART IV: LITIGATION RELATED TO ESTATE AND TRUST ADMINISTRATION

§ 7.05 Choosing the Correct Forum

§ 7.06 Jurisdictional Provisions

§ 7.07 Wrongful Death

CHAPTER 8 POST-MORTEM TAX CONSIDERATIONS

PART I: CHAPTER OVERVIEW

§ 8.01 Scope

§ 8.02 Overview of Post-Mortem Tax Considerations

PART II: DECEDENT’S FINAL INCOME TAX RETURN

§ 8.03 Filing a Decedent’s Final Income Tax Returns

§ 8.04 Miscellaneous Post-Mortem Tax Considerations

PART III: ESTATE’S FIDUCIARY INCOME TAX RETURN

§ 8.05 Estate’s Fiduciary Income Tax Returns

PART IV: FEDERAL ESTATE TAX RETURN

§ 8.06 Federal Estate Tax Return

PART V: FORMS AND CHECKLISTS

§ 8.07 CHECKLIST: Documents Needed When Filing Form 706

§ 8.08 FORM: Federal Form 1041—Fiduciary Income Tax Return

CHAPTER 9 MICHIGAN DEATH TRANSFER TAXES

PART I: CHAPTER OVERVIEW

§ 9.01 Scope

§ 9.02 Overview of Michigan Transfer Taxes

PART II: MICHIGAN ESTATE TAX ACT

§ 9.03 Overview of the Michigan Estate Tax Act (MCL 205.231 et seq.)

§ 9.04 Resident Decedents with Out-of-State Property

§ 9.05 Nonresident Decedents with Michigan Property

§ 9.06 Generation-Skipping Transfer Tax

§ 9.07 Due Dates for Paying and Filing

§ 9.08 Collection of Tax

§ 9.09 Liability for Payment of Tax

§ 9.10 Lien for Payment of Tax

§ 9.11 Interest and Penalties

§ 9.12 Statute of Limitations

PART III: MICHIGAN INHERITANCE TAX

§ 9.13 Overview of the Michigan Inheritance Tax (MCL 205.201 et seq.)

§ 9.14 Taxed Transfers

§ 9.15 Different Treatment Accorded Assets of Residents and Nonresidents

§ 9.16 Exemptions

§ 9.17 How Michigan Inheritance Tax (MIT) Is Computed

§ 9.18 Classification of Beneficiaries

§ 9.19 Inheritance Tax Rates

§ 9.20 Credit

§ 9.21 Taxation of Taxable Interest in Trusts

§ 9.22 Taxation of Powers of Appointment

§ 9.23 Generation-Skipping Transfer Tax

§ 9.24 Collection Fee

§ 9.25 How Tax Is Determined and Paid

PART IV: ASSESSMENT AND COLLECTION OF DEATH TAXES

§ 9.26 Jurisdiction of the Courts

PART V: FORMS AND CHECKLISTS

§ 9.27 FORM: Michigan Estate Tax Return Form MI-706 (for Michigan residents), includes Form 706A (for non-residents)

§ 9.28 FORM: Request for Certificate of No Michigan Estate Tax Liability (Form MI 2356)

CHAPTER 10 FUNERAL LAW

PART I: CHAPTER OVERVIEW

§ 10.01 Scope

§ 10.02 Overview of Funeral Law

PART II: REGULATION OF FUNERAL PRACTICE

§ 10.03 FTC Funeral Rule

§ 10.04 Regulation of the Practice of Mortuary Science

§ 10.05 “Do it Yourself” Funerals and Disposition

§ 10.06 Right to Control Funeral Arrangements and Final Disposition

§ 10.07 Disclaiming or Losing the Right to Make Funeral Decisions

§ 10.08 Rights of Individuals

§ 10.09 Effects of Right of Disposition Law on Estate Planning

PART III: PLANNING AND PRE-ARRANGEMENTS

§ 10.10 Funeral Home Issues

§ 10.11 Conflicts Regarding Right to Control Arrangements & Disposition

§ 10.12 Pre-Arranged Funerals

§ 10.13 Death of Beneficiary

§ 10.14 Prepaid Account Reports

§ 10.15 Cancellation by Contract Seller of a Non-Guaranteed Contract

§ 10.16 Disputes Regarding Prepaid Contracts

§ 10.17 Special Rules for Prepaid Cemetery Contracts

§ 10.18 Abandoned Prepaid Funeral Contracts

PART IV: DISPOSITION PROCESS

§ 10.19 Certificate of Death

§ 10.20 Role of the Medical Examiner

§ 10.21 Disinterment and Reinterment

§ 10.22 Dealing with Cremated Remains

§ 10.23 Organ and Body Donation

§ 10.24 Demonstrations at Funerals

§ 10.25 Private Burial Grounds

PART V: FEDERAL AND STATE BENEFITS

§ 10.26 Social Security Benefits

§ 10.27 Veterans Benefits

§ 10.28 State Emergency Relief

PART VI: CHECKLISTS AND FORMS

§ 10.29 FORM: Michigan Death Record

§ 10.30 FORM: Irrevocable Funeral Contract Certification

§ 10.31 FORM: Affidavit for Disinterment and Reinterment of a Dead Body

§ 10.32 FORM: Disinterment and Reinterment Permit

§ 10.33 FORM: Probate Petition and Order

§ 10.34 FORM: Sample Petition and Order

§ 10.35 FORM: Notice of Hearing

§ 10.36 FORM: Petition and Order for Assignment

§ 10.37 FORM: Proof of Service

§ 10.38 FORM: Statement of Death by Funeral Director—Social Security

§ 10.39 FORM: Application for Burial Benefits—Veteran’s Administration

§ 10.40 FORM: Application for United State Flag for Burial—Veteran’s Administration

§ 10.41 FORM: Funeral Representative Designation

INDEX