Michigan Compiled Laws § 700.3721 Employment Of Agents And Compensation Of Personal Representatives And Employees Of Estate; Proceedings For Review.


700.3721 Employment of agents and compensation of personal representatives and employees of estate; proceedings for review.

Sec. 3721.

After notice to all interested persons, on petition of an interested person, on appropriate motion if administration is supervised, or on the court's own motion, the court may review the propriety of employment of a person by a personal representative, including, but not limited to, an attorney, accountant, investment advisor, or other specialized agent or assistant, the reasonableness of such a person's compensation, or the reasonableness of the compensation determined by the personal representative for the personal representative's own services. If the court determines that a person received excessive compensation from an estate for services rendered, the court shall order the person to pay an appropriate refund and may include in the refund amount interest and penalties as the court considers just.


History: 1998, Act 386, Eff. Apr. 1, 2000
Popular Name: EPIC


Section: Previous  700.3709  700.3710  700.3711  700.3712  700.3713  700.3714  700.3715  700.3716  700.3717  700.3718  700.3719  700.3720  700.3721  700.3722    Next

Last modified: October 10, 2016