Summary Administration
If an estate has a net value between $100,000.00 and $200,000.00, it will qualify for a Summary Administration. In a Summary Administration, the Creditor Period is only 60 days, as opposed to the 90 days required in a Regular Administration. There is also no publication requirement for the initial notice of hearing. The benefit of a Summary Administration is that the fees and costs are a bit lower than a Regular Administration and it typically takes only 4-6 months to complete, if no complications arise.