Pay Property Taxes Michigan

May 26th, 2010

pay property taxes michigan
Who has say? The heirs to the property or the PR? 10 points for the right answer.?

When a group of 7 Inherit private property, who has say in how the property taxes are acquired while the property is still in probate? Lets say for instance that a majority of the heirs would like to rent out a part of the property to acquire the tax base for the entire property at a 5 to 2 vote. In Michigan does the majority decide as to how the taxes can be acquired? Now adding a PR to the mix, does the PR have sole say in how the taxes of the property are acquired or do the majority heir have the right to decide how property is used to pay property debt? Please leave a web address to the source of your answer.
There is no executor only a personal represenative to the property.

The personal representative is the sole decision maker. The heirs aren’t entitled to have their opinions complied with until the PR disburses the property and the heirs take ownership. There can be no “majority rule.” This is completely inefficient. There needs to be ONE decision maker and this is why a personal representative is appointed (otherwise, why bother to appoint a PR? The heirs could simply fight it out between them throughout the probate process.)

Personal representatives can be asked to post a bond – so if the PR is acting in a way that does not serve the best interests of the estate, the estate can recover the loss. Additionally, if the heirs believe that the PR is acting completely inappropriately they have to ability to go to court and put the issue before a judge. But if this is a simple matter of deciding whether to rent out a piece of property or not, it does not appear that this decision is untenable. (Renting can result in significant risk to the property owner.)

The personal representative is under a duty to settle and distribute the estate “as expeditiously and efficiently as is consistent with the best interests of the estate” and “except as otherwise specified or ordered in regard to a supervised personal representative, without adjudication, order or direction of the court.” Essentially, the personal representative engages in unsupervised administration until the estate is completed or until an interested person including a personal representative files a petition in a formal proceeding asking that the court to enter an order to resolve some issue involving the estate.

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