Sec. 3987.
If it appears from the inventory and appraisal that the value of the entire estate, less liens and encumbrances, does not exceed administration costs and expenses, reasonable funeral and burial expenses, homestead allowance, family allowance, exempt property, and reasonable, necessary medical and hospital expenses of the decedent's last illness, the personal representative, without giving notice to creditors, may immediately disburse and distribute the estate to the persons entitled to the estate and may file a closing statement as provided in section 3988.
History: 1998, Act 386, Eff. Apr. 1, 2000 ;-- Am. 2000, Act 177, Imd. Eff. June 20, 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)
Section 700.3981 - Delivery of Cash Not Exceeding $500 and Decedent's Wearing Apparel.
Section 700.3982 - Court Order Distributing Small Estates.
Section 700.3983 - Collection of Personal Property by Sworn Statement.
Section 700.3984 - Effect of Sworn Statement.
Section 700.3987 - Summary Administrative Proceedings.
Section 700.3988 - Closing by Sworn Statement of Personal Representative.