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
Structure Michigan Compiled Laws
Chapter 700 - Estates and Protected Individuals Code
Act 386 of 1998 - Estates and Protected Individuals Code (700.1101 - 700.8206)
Article III - Probate of Wills and Administration (700.3101...700.3988)
386-1998-III-7 - Part 7 Duties and Powers of Personal Representatives (700.3701...700.3722)
Section 700.3701 - Powers and Duties of Personal Representative; Commencement; Accrual.
Section 700.3702 - Priority Among Different Letters.
Section 700.3704 - Personal Representative to Proceed Without Court Order; Exception.
Section 700.3705 - Appointment of Personal Representative; Notice Requirements.
Section 700.3706 - Duty of Personal Representative; Inventory and Appraisement.
Section 700.3707 - Employment of Appraiser.
Section 700.3708 - Duty of Personal Representative; Supplemental Inventory.
Section 700.3709 - Duty of Personal Representative; Possession of Estate.
Section 700.3710 - Power to Avoid Transfers.
Section 700.3711 - Powers of Personal Representatives Generally.
Section 700.3712 - Improper Exercise of Power; Breach of Fiduciary Duty.
Section 700.3714 - Persons Dealing With Personal Representative; Protection.
Section 700.3715 - Transactions Authorized for Personal Representatives.
Section 700.3716 - Powers and Duties of Successor Personal Representative.
Section 700.3717 - Corepresentatives; Concurrence.
Section 700.3718 - Powers of Surviving Personal Representative.
Section 700.3719 - Compensation of Personal Representative.
Section 700.3720 - Expenses in Estate Litigation.
Section 700.3722 - Authority Regarding Environmental Matters.