Estate planning is extremely important for Michigan residents. It helps to ensure that people have a plan for their assets in the event of their death. With the proper estate plan in place, people can help their families avoid unnecessary taxes and a long probate process. This can be immensely helpful following a person's passing.
However, estate planning is only one part of the process. Once a person dies, the estate administration process begins. This is the process of settling the person's estate including collecting any income and paying any debt. It also includes distributing assets and dealing with the probate court, if necessary.