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Wills Probate Personal Representative Trustee Trust Guardianship, Guardian Conservatorship, Conservator Brancheau Law Firm in Fenton MI near Linden near Holly near Hartland near Flint Genesee County Livingston County Oakland County Stacey Brancheau

Leave a legacy for your children's children

~Proverbs 13.22

Probate Administration

Probate is the legal process of distributing one’s assets consistent with their wishes as stated in their Last Will and Testament. If you do not have a Will, the State of Michigan has drafted one for you and your assets will be distributed accordingly. If you have been named as a Personal Representative you may be feeling overwhelmed. There are many things that need to be addressed upon the passing of a loved one, learning the legal process should not be one of them. We will give you the guidance to move forward with the estate. We can handle the details and explain to you the information you need to know. The Probate process typically includes:

 

  • Filing a petition with the proper probate court to open the estate and admit the will to probate

  • Giving notice to all heirs, beneficiaries, creditors and interested persons

  • Petition to appoint a Personal Representative

  • Inventory and appraisal of estate assets

  • Payment of taxes and administration expenses

  • Payment of estate debt to rightful creditors

  • Distribution of assets to proper beneficiaries

 

Trust Administration

A properly drafted and funded trust will generally avoid probate. Successor Trustees often lack the time, expertise or knowledge to administer a Trust. Many times a Corporate Trustee is an excellent option, rather than relying on busy family members or friends to serve as Trustee. If you have been named as a Successor Trustee we can help you with the complexities of administering a trust. There are still steps necessary to administer a trust including:

 

  • Notify beneficiaries

  • Gather and appraise assets

  • Manage the assets throughout the administration

  • Notify potential creditors

  • Pay debts, taxes and final expenses

  • Distribute remaining income and assets in compliance with the trust terms

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