Is my mother entitled to receive that settlement now and in turn are we as children entitled to any of the money from that?

If this is a Michigan matter, it is likely that your mother would be entitled to a sizable chunk of the settlement. You really need to have a probate attorney review all of the circumstances, however, because there are facts that could change that.

If this is a wrongful death case, then Michigan law has a procedure for claims made in the action and payment which supersedes simple probate law . It recognizes the claims of other family members. Now, how much, etc. is fact driven. But you should have received notice of a wrongful death matter. If it was not a wrongful death matter, then normal probate procedure would be followed and the court would typically be required to follow the dictates of the will.