Are there different types of proceedings that can be filed, depending on the size of the estate?
There are three basic types of proceedings for administering the decedent’s estate: • Formal Administration This type of proceeding is used when it is necessary to appoint a personal representative to act on behalf of the estate because there are considerable assets, debts or other special circumstances. The capacity in which the representative will act is determined by the Court at the time of the appointment and letters of administration will be issued to the representative so that he/she may complete the administration of the estate. • Summary Administration Summary administration may be filed when the value of the entire estate, excluding exemptions, does not exceed $75,000. • Disposition of Personal Property Without Administration The disposition is filed to request release of assets of the deceased to the person who paid the final expense, such as funeral bills or medical bills for the last 60 days. This procedure may be accomplished with the filing of an informal application. Th
There are 3 basic types of proceedings for administering the decedent’s estate: Formal Administration This type of proceeding is used when it is necessary to appoint a personal representative to act on behalf of the estate because there are considerable assets or other special circumstances. The capacity in which the representative will act is determined by the Court at the time of the appointment and letters of administration will be issued to the representative so that he/she may complete the administration of the estate. Summary Administration Summary administration may be filed when the value of the entire estate does not exceed $75,000 or, that the decedent has been dead for more than 2 years. . Disposition of Personal Property Without Administration The disposition is filed to request release of assets of the deceased to the person who paid the final expenses, such as funeral bills or medical bills for the last 60 days. This procedure may be accomplished with the filing of a peti
There are 3 basic types of proceedings for administering the decedent’s estate: Formal Administration – This type of proceeding is used when it is necessary to appoint a personal representative to act on behalf of the estate because there are considerable assets or other special circumstances. The capacity in which the representative will act is determined by the Court at the time of the appointment and letters of administration will be issued to the representative so that he/she may complete the administration of the estate. Summary Administration – Summary administration may be filed when the value of the entire estate does not exceed $75,000 or, that the decedent has been dead for more than 2 years. . Disposition of Personal Property Without Administration – The disposition is filed to request release of assets of the deceased to the person who paid the final expenses, such as funeral bills or medical bills for the last 60 days. This procedure may be accomplished with the filing of
