Settling an estate in Michigan means gathering the assets, notifying creditors, paying debts and taxes, and distributing what remains to the beneficiaries. Assets in a living trust settle privately without the court. An estate that needs probate takes 7 months to 12 months on average, and the creditor claim period of 4 monthsMCL 700.3803Verified Sep 8, 2026View source is the floor. In a probate case the inventory of estate assets is due within 91 daysMCL 700.3706, 700.3707, 700.3708Verified Sep 15, 2026View source of appointment.
Michigan uses Petition for Probate and/or Appointment of Personal Representative (Testate/Intestate) (PC 559)MCL 700.3301-700.3311 (informal); MCL 700.3401-700.3414 (formal); MCL 700.3103, 700.3601 (letters)Verified Aug 24, 2026View source, filed with the Probate CourtMCL 700.3301-700.3311 (informal); MCL 700.3401-700.3414 (formal); MCL 700.3103, 700.3601 (letters)Verified Aug 24, 2026View source. Probate register issues Letters of Authority for Personal Representative after the court grants the petition.
The creditor claim period of 4 monthsMCL 700.3801, 700.3803, 700.3804, 700.3805, 700.3806; MCR 5.208, MCR 5.106Verified Sep 15, 2026View source runs from the first publication of the creditor notice, which follows the executor's appointment. Distributing assets before the period has run can leave the executor personally liable for a claim that arrives later.
Michigan allows executors 'reasonable compensation' — around 2.2%–3.8% of a $500,000 estate, judging by what the states with statutory schedules payMCL 700.3719 (reasonable compensation; no statutory percentage)Verified Sep 8, 2026View source. Courts consider the size and complexity of the estate, the time spent, and the executor's skill and experience. Executors can waive the fee entirely or accept a reduced amount.
Settling a trust in Michigan starts when the successor trustee accepts the role: the trustee obtains death certificates and an EIN for the now-irrevocable trust, notifies the beneficiariesMCL 700.7101 et seq.Verified Jul 15, 2026View source within 63 daysMCL 700.7814, 700.7905; MCL 700.7109Verified Sep 15, 2026View source, takes inventory of the trust assets, settles the grantor's debts and taxes, and distributes what remains under the trust terms. The process runs privately, without probate court supervision.