Understanding the Recent Changes to Michigan’s Unclaimed Property Reporting

Beginning in 2018 in Michigan, all companies with no unclaimed property will be required to file a zero or negative report. Under Michigan’s Unclaimed Property Act, anyone holding unclaimed property of another must report such property as abandoned to the State of Michigan under a process known as escheats. Therefore, a bank holding money for a depositor over a number of years, which determines the property is abandoned, must turn […]

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CMDA is Moving!

Cummings, McClorey, Davis & Acho, P.L.C. (CMDA) is pleased to announce the relocation of our Livonia office. Effective September 25, CMDA will be located in Livonia’s College Park Development at 17436 College Parkway. “This is the perfect time for us to relocate. We were outgrowing our space, and the new location will enable us to accommodate our clients more effectively and efficiently,” said Bob Blamer, an Equity Partner of the Firm who […]

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