A will is a legal document that describes what the person creating the will, called the testator, wishes to have done with his or her property after he or she dies.
Property and Minor Children
A person's will disposes of her possessions and property after he or she dies. The will is also the document in which a person names a guardian for his or her dependents. So, for instance, it is in a will that people with minor children name guardians to serve in case of the parent's death.
A Will Takes Effect After the Testator Dies
The testator creates the will, but the will's provisions are carried out only after the testator dies.
The Personal Representative
The testator names a personal representative (often called an executor in other states) to administer the distribution of the estate. The personal representative makes a list of all the testator's property, bills, and creditors. Then the personal representative pays the valid debts and distributes the remaining property, if any, to the persons specified by the testator.
Administering an Estate in Michigan
Under Michigan law, the personal representative must get the probate court's approval to distribute the estate. There are a number of options for going through the probate process. Many personal representatives hire a lawyer to assist with the process of "probating an estate." Administering decedent's estates is a core service of Elder Law of Chelsea. We can help from start to finish, providing full service. Or, we can advise you on the the expedited or small estate procedures that are available - and can save time and money - in Michigan.
Call Elder Law of Chelsea Today
For more information, or if you have questions about a will or administering an estate in Michigan, call Attorney William Lamb today: (734) 475-2100.