 By 1924, there was still no sign of Michael, and Natalia had him declared legally dead on 5 July 1924.She inherited his estate in Britain, which was valued at a mere £95.The following month, Michael's cousin, Grand Duke Cyril Vladimirovich, declared himself Emperor on the basis that he had inherited the throne at the moment of the previous Emperor's death, despite the abolition of the Russian monarchy by the communists.