Petition And Order For Assignment {PC 556}

PC 556 -- PETITION AND ORDER FOR ASSIGNMENT. This form is used in the State of Michigan's Probate Court to request the assignment of a decedent's assets when the total value of the estate does not exceed a certain threshold (currently $50,000, adjusted annually for the cost of living). This form is typically used in cases where the decedent's estate is small enough to be handled through a simplified probate process. The petitioner, who is often a family member or heir, provides details about the decedent, their assets, any unpaid funeral expenses, and the names of surviving spouses or heirs. The petitioner requests that the court assign the decedent's assets to cover funeral expenses and distribute the remaining assets to the surviving spouse or heirs according to state law. If approved, the court issues an order assigning the assets as requested, subject to any debts of the decedent. This process allows for a quicker and less complex settlement of the estate. MCL 600.871, MCL 700.1210, MCL 700.1302, MCL 700.3982. www.FormsWorkflow.com