Michigan Compiled Laws § 700.3987 Summary Administrative Proceedings.


700.3987 Summary administrative proceedings.

Sec. 3987.

If it appears from the inventory and appraisal that the value of the entire estate, less liens and encumbrances, does not exceed administration costs and expenses, reasonable funeral and burial expenses, homestead allowance, family allowance, exempt property, and reasonable, necessary medical and hospital expenses of the decedent's last illness, the personal representative, without giving notice to creditors, may immediately disburse and distribute the estate to the persons entitled to the estate and may file a closing statement as provided in section 3988.


History: 1998, Act 386, Eff. Apr. 1, 2000 ;-- Am. 2000, Act 177, Imd. Eff. June 20, 2000
Popular Name: EPIC


Section: Previous  700.3981  700.3982  700.3983  700.3984  700.3987  700.3988    Next

Last modified: October 10, 2016