What steps are needed to access and review information held in an unclaimed property account by nccash.com in Michigan?
Detailed Answer This section explains how to access and review information in your unclaimed property account under Michigan’s Unclaimed Property Act (MCL 567.294–567.351). The Michigan Department of Treasury manages unclaimed property, including dormant bank accounts, utility deposits, and insurance proceeds. You can search and claim property online by following these steps: Go to the Michigan […]
Read article →How to Determine if Other Creditors or Lienholders Could Have Claims to the Surplus Funds in MI
Detailed Answer After a Michigan foreclosure or tax sale, the sheriff may hold surplus funds when sale proceeds exceed outstanding debts. Under Michigan law, these funds must satisfy all valid lienholders and creditors before the former homeowner can claim any remainder. Key statutes govern this process: MCL 600.3280 (Sheriff’s sale surplus fund procedures) MCL 600.3240–600.3245 […]
Read article →What options exist under Michigan law for establishing authority over an elderly heir’s personal and financial decisions?
Understanding Authority Options Under Michigan Law This article explains how to establish legal authority over an elderly heir’s personal and financial decisions in Michigan. It covers durable power of attorney, health care power of attorney, and guardianship. This information does not constitute legal advice. Durable Financial Power of Attorney A durable financial power of attorney […]
Read article →How to Ensure the At-Fault Party’s Insurer Accepts Liability for Medical Expenses in Michigan
How to Ensure the At-Fault Party’s Insurer Accepts Liability for Medical Expenses Disclaimer: This article is for informational purposes only and does not constitute legal advice. Detailed Answer Under Michigan’s no-fault insurance law, Personal Protection Insurance (PIP) covers your medical expenses regardless of fault. However, when injuries exceed PIP limits or you qualify to file […]
Read article →How to Verify and Probate an Old Will Discovered Decades Later in Michigan
Disclaimer: This article is for educational purposes and is not legal advice. Detailed Answer When you uncover an original will decades after the testator’s passing, Michigan’s Estates and Protected Individuals Code (EPIC) governs probate. Follow these key steps to verify and admit the will to probate: 1. Identify the Original Will Confirm you have the […]
Read article →Where Would Insurance or Government Program Payments Appear on the Statement of Account in Michigan?
Detailed Answer In Michigan, providers and billing entities must issue an itemized statement of account that shows all charges, payments, and adjustments. You will typically find insurance or government program payments in a section labeled “Payments,” “Payments and Adjustments,” or “Credits.” Each entry normally includes: Date of payment. The date the payer (insurance company or […]
Read article →How to verify if the decedent had a valid will or other estate planning documents in Michigan?
Detailed Answer After a loved one dies, you may need to confirm whether they left a valid will or other estate planning documents. In Michigan, a valid will must meet the requirements set forth in the Estates and Protected Individuals Code (MCL 700.2502). Other documents—like trusts, powers of attorney, and healthcare directives—often remain private until […]
Read article →How can an interested party determine if surplus funds remain after a foreclosure sale in Michigan?
Detailed Answer After a mortgage foreclosure sale in Michigan, any funds remaining after paying the mortgage debt, costs, and fees are known as surplus funds. Michigan law directs the sheriff or court officer to report and deposit these surplus funds with the court clerk for interested parties to claim. To determine if surplus funds exist […]
Read article →What rights does a life estate grant to a lifetime beneficiary and how is a remainder interest determined when a will designates a remainderman? Michigan
Detailed Answer Under Michigan law, a testator can create a life estate by will. A life estate gives a life tenant an ownership interest in real property for the duration of the tenant’s life (MCL 700.7103). This interest includes: Possession and use: The life tenant may live on the property, rent it, or earn income […]
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