Amends Michigan probate law to modify powers and duties of conservators.
This bill amends Michigan probate law to modify the powers and duties of conservators. It allows conservators to prosecute or defend actions for estate protection, execute instruments, respond to environmental concerns, and pay taxes and expenses. It also permits conservators to invest estate property according to the Michigan prudent investor rule and to employ attorneys for legal services. The bill specifies conditions under which a conservator may be required to furnish a bond and outlines actions that require court approval.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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