Many people may think that if they have completed a comprehensive estate plan that once they die things will be taken care of for them. While estate planning is very important, an estate administration process will still be necessary following a Michigan resident's death.
No matter how big an estate a person leaves behind when they pass, some issues will need to be attended to. There could be bills to pay and assets to sell or give away. Rarely, do people have zero estate administration issues following their death. In order to deal with these issues, Michigan residents need to create an estate plan. This plan, which will likely include a will, can handle all foreseeable estate issues. Part of this plan should also include naming an executor of the estate.