Reopen Michigan Estate Process
Summary
If unclaimed assets are found after an estate is closed in Michigan, the estate can be reopened through formal or informal probate proceedings. Costs vary based on case complexity and attorney fees. A fiduciary bond may be required at the courts discretion. Even if you no longer reside in Michigan, you can hire a local probate attorney to represent you. Some matters may require your presence, but your attorney can provide specific advice.Full Conversation
I was personal representative for my mother’s estate in Michigan. This has been closed for nearly four years. Recently I found some unclaimed assets my mother had inherited after my step-father’s passing. I’m unsure as to what steps I need to take as we’re not fully informed of how much these assets actually are.
Hello ****,
In such cases, Michigan law usually:
- Allows reopening of an estate if property is discovered later.
- Requires a formal or informal probate proceeding.
You may need to petition the court to reopen the estate. We recommend consulting a probate attorney.
How much would this cost? Would I need another fiduciary bond or estate lawyer?
The cost can vary depending on the complexity of the case and the attorney's fees. As for the fiduciary bond, it depends on court's discretion. It's advisable to seek help from a probate attorney in Michigan to guide you through the process.
I no longer live in Michigan, does that create an issue?
Not necessarily. You can hire a Michigan probate attorney to represent you. Some matters may require your presence, but your attorney can advise on that. It's best to discuss this with your attorney.