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SB 585

Probate: guardians and conservators; requirement to have an appraisal for the sale of real property; provide for. Amends sec. 5423 of 1998 PA 386 (MCL 700.5423).

2025-2026 Regular Session Introduced by Stephanie Chang and 8 co-sponsors

Michigan requires court-appointed guardians and conservators to obtain independent real property appraisals before selling assets, protecting vulnerable beneficiaries from undervalued transactions.

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Bill Summary · SB 585

Legislative bill overview

SB 585 amends Michigan's probate code to require that guardians and conservators obtain an independent appraisal before selling real property under their management. This adds a procedural safeguard to protect estate assets from undervaluation or improper sales by court-appointed fiduciaries.

Why is this important

Guardians and conservators manage assets for vulnerable populations—minors, elderly individuals, and those with disabilities—who cannot protect their own interests. Requiring appraisals before real estate sales helps prevent fraud, negligence, or self-dealing that could significantly diminish the value of estates owed to beneficiaries. This is particularly critical for real property, often the largest asset in an estate.

Potential points of contention

  • Cost burden: Mandatory appraisals add expense to estate administration, which could consume resources meant for beneficiaries or delay necessary property sales
  • Scope ambiguity: The bill may create questions about what types of sales trigger appraisal requirements and whether exceptions exist for distressed sales or urgent circumstances
  • Implementation details: The substitute version (S-1) may contain modifications that clarify or complicate requirements; without seeing the full text, the exact obligations are unclear

Compiled from official sources — confirm details with the bill’s official record.

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