Article I, Part 5  Prudent Investor Rule - Menu

What is the standard for delegation by a fiduciary of investment and management functions under Michigan Prudent Investor Rule? (ref. section 1510) 0651
Can the agent under a general durable power of attorney act for the incapacitated personal representative until the personal representative’s death? (ref. sections 3715(v), 1510 and 5501) 0615
May an attorney deposit estate proceeds in an IOLTA client trust account? (ref. sections 1502 and 1503) 0528
May a trustee invest in its own bank products, including certificates of deposit, if the trustee considers it to be a prudent investment under the Michigan Prudent Investor Rule? (ref. sections 7401(2)(f) and 1503) 0513
How must a conservator invest the ward's assets? (ref. sections 1503 and 5423(2)) 0454
May a marital home be held by a trust for the surviving spouse under the Prudent Investor Rule? (ref. sections 1504, 1502 and 1507) 0099
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Last Updated: 9-16-09

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