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Tricia Terry
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Marrs & Terry, PLLC
6553 Jackson Road Ann Arbor, MI 48103Â» view map
Estate, Criminal Defense, Estate
Personalized, Efficient Counsel

Marrs & Terry, PLLC have been helping individuals face a variety of legal challenges, including bankruptcy, estate planning and administration, and family law.

800-862-7221
1. Tricia Terry Ann Arbor, MI
  Attorney at Law- MI, 1999
  Thomas M. Cooley Law School, J.D.
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Includes: Gift Taxation

David P. Lucas

Wills & Probate, Estate Planning, Pension & Benefits, Business Organization

Status: In Good Standing

CONTACT

70 Michigan Avenue West, Battle Creek, MI 49017

Chris T. Christ

Estate Administration, Estate Planning, Family Law, Business Organization

Status: In Good Standing

CONTACT

70 Michigan Avenue West, Battle Creek, MI 49017

Robert J. Sharkey

Estate Planning, Employment, Family Law, Business Organization

Status: In Good Standing

CONTACT

70 Michigan Avenue West, Battle Creek, MI 49017

Martha J. Widdows-Witham

Tax, Real Estate, Estate Planning, Business Organization

Status: In Good Standing

CONTACT

312 Fifth Third Bank Bldg., 67 West Michigan Avenue, Battle Creek, MI 49017

Samuel D. Carpenter

Real Estate, Litigation, Wills & Probate, Estate Planning

Status: In Good Standing

CONTACT

312 Fifth Third Bank Bldg., 67 West Michigan Avenue, Battle Creek, MI 49017

Kay E. Kossen

Medicare & Medicaid, Estate Planning, Elder Law, Business

Status: In Good Standing Licensed: 28 Years

CONTACT

1 Michigan Ave W, Battle Creek, MI 49017

Jason S. H. Ter Avest

Estate Planning, Slip & Fall Accident

Status: In Good Standing Licensed: 11 Years

CONTACT

68 Michigan Ave E, Battle Creek, MI 49017

Tracie L. Tomak

Estate Planning, Estate, Family Law, Criminal

Status: In Good Standing

CONTACT

161 E Michigan Ave, Battle Creek, MI 49014

Stephen L. Simons

Real Estate, Estate Planning, Elder Law, Business

Status: In Good Standing Licensed: 43 Years

CONTACT

1 Michigan Ave W, Battle Creek, MI 49017

Michael L. Lind

Litigation, Estate Planning, Family Law, Criminal

Status: In Good Standing Licensed: 24 Years

CONTACT

2 Michigan Ave W, Battle Creek, MI 49017

800-923-0641

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LEGAL TERMS

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

HEIR APPARENT

One who expects to be receive property from the estate of a family member, as long as she outlives that person.

STATUTORY SHARE

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceas... (more...)

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceased spouse's property, but in some states the exact amount of the spouse's share depends on whether or not the couple has young children and, in a few states, on how long the couple was married. In most states, if the deceased spouse left a will, the surviving spouse must choose either what the will provides or the statutory share. Sometimes the statutory share is known by its more arcane legal name, dower and curtesy, or as a forced or elective share.

MINERAL RIGHTS

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral right... (more...)

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral rights is usually entitled to either take the minerals from the land himself or receive a royalty from the party that actually extracts the minerals.

ADEMPTION

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she di... (more...)

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she dies. Often this happens because the property has been sold, destroyed or given away to someone other than the beneficiary named in the will. A bequest may also be adeemed when the will maker, while still living, gives the property to the intended beneficiary (called 'ademption by satisfaction'). When a bequest is adeemed, the beneficiary named in the will is out of luck; he or she doesn't get cash or a different item of property to replace the one that was described in the will. For example, Mark writes in his will, 'I leave to Rob the family vehicle,' but then trades in his car in for a jet ski. When Mark dies, Rob will receive nothing. Frustrated beneficiaries may challenge an ademption in court, especially if the property was not clearly identified in the first place.

DEED OF TRUST

See trust deed.

SURVIVING SPOUSE'S TRUST

If a couple has created an AB trust, the revocable living trust (Trust B) of the surviving spouse, after the first spouse has died.

PROPERTY CONTROL TRUST

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who ha... (more...)

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who have special physical, emotional or other requirements, (2) spendthrift trusts designed to prevent a beneficiary from wasting the trust principal; and (3) sprinkling trusts that allow the trustee to decide how to distribute trust income or principal among the beneficiaries.

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

SAMPLE LEGAL CASES

IN RE ESTATE OF SOUTHWORTH

... Margaret Noe. In February 2005, the decedent consulted Noe for estate planning advice. The ... estate plan. The representative offered to meet with the decedent and answer any questions regarding estate planning and the college. Despite ...

IN RE HAYES

... In addition, the survivor may amend or revoke the trust." [Brief at 8, citing Michigan Estate Planning Handbook (Carol J. Karr ed., ICLE 2d ed, 2006), ch 22, Â§ 22.4.]. ... [Michigan Estate Planning Handbook (Carol J. Karr ed., ICLE 2d ed, 2006), ch 22, Â§ 22.4.]. ...

Charfoos v. Schultz

... including trust documents, as in this case. Bullis v Downes, 240 Mich App 462, 468; 612 NW2d 435 (2000) (no distinction made among varieties of modern estate planning tools). Here, the trial court prohibited plaintiffs from ...

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Battle Creek Estate Planning Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

David P. Lucas

Chris T. Christ

Robert J. Sharkey

Martha J. Widdows-Witham

Samuel D. Carpenter

Kay E. Kossen

Jason S. H. Ter Avest

Tracie L. Tomak

Stephen L. Simons

Michael L. Lind

TIPS

LEGAL TERMS

ACCUMULATION TRUST

HEIR APPARENT

STATUTORY SHARE

MINERAL RIGHTS

ADEMPTION

DEED OF TRUST

SURVIVING SPOUSE'S TRUST

PROPERTY CONTROL TRUST

SPENDTHRIFT TRUST

SAMPLE LEGAL CASES

IN RE ESTATE OF SOUTHWORTH

IN RE HAYES

Charfoos v. Schultz

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