Inventory Fee
 

The Inventory Fee is established by state law and is calculated based on value of all assets as of date of death [MCL 600.871(1); 600.877]:

 
     

ESTATE VALUE

FEE PAYABLE

FORMULA

Estate Valued less than $1000

$5.00-$10.00

$5.00 + 1% of amount over $500

Estate Valued from $1000 to $2999.99

$25.00

 

Estate Valued from $3000 to $9999.99

$25.00-$68.75

$25 +5/8 of 1% of amount over $3000

Estate Valued from $10,000 to $24,999.99

$68.75-$143.75

$68.75 + ½ of 1%of amount over $10,000

Estate Valued from $25,000 to $49,999.99

$143.75-$237.50

$143.75 + 3/8 of 1% of amount over $25,000

Estate Valued from $50,000 to $99,999.99

$237.50-$362.50

$237.50 +1/4 of 1%of amount over $50,000

Estate Valued from $100,000 to $500,000

$362.50-$862.50

$362.50 + 1/8 of 1% of amount over $100,000

Estate Valued from $500,000.01 to $1,000,000

$862.50-$1175.00

$62.50 for each $100,000 or larger fraction over $500,000

Estate Valued above $1,000,000

$1175.00 and above

31.25 for each $100,000 or larger fraction over $1,000,000