Harrison Township Estate Lawyer, Michigan, page 2

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Jamie R. Ryke
About | Practice Areas
Thav, Ryke and Associates, Attorneys at Law
24725 W 12 Mile Rd Suite 110 Southfield, MI 48034» view map
Estate Law
Lawyers Who Treat You Like Family

We have achieved a reputation for solving complex probate matters and as a result, practice and have clients throughout the great state of Michigan.

800-707-6901
1. Jamie R. Ryke Southfield, MI
  Attorney at Law - MI, 1997
  St. Thomas University J.D. 1996
2. AboutThav, Ryke and Associates, Attorneys at Law
  Lawyers Who Treat You Like Family
3. Practice AreasExpertise
  Estate Law
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Patrick M. Simasko

Power of Attorney, Estate, Elder Law

Status: In Good Standing Licensed: 35 Years

CONTACT

319 N Gratiot Ave, Mount Clemens, MI 48043

James M. Simasko

Estate Planning, Estate, Elder Law, Civil & Human Rights

Status: In Good Standing Licensed: 38 Years

CONTACT

319 N Gratiot Ave, Mount Clemens, MI 48043

Azhar H. Sheikh

Trusts, Divorce, Contract, Wrongful Death

Status: In Good Standing Licensed: 30 Years

CONTACT

235 Southbound Gratiot Ave, Mount Clemens, MI 48043

Antonie W. Y. Walsh

International, Gift Taxation, Estate Planning, Estate

Status: In Good Standing Licensed: 40 Years

CONTACT

39104 Devonshire Ct, Harrison Township, MI 48045

Rollin H. Allen

Estate Planning, Real Estate

Status: In Good Standing Licensed: 73 Years

CONTACT

44 1St St, Mount Clemens, MI 48043

Richard F. Reynolds

Real Estate, Social Security, Estate Planning, Estate

Status: In Good Standing Licensed: 55 Years

CONTACT

14 1St St, Mount Clemens, MI 48043

Brian J. Cole

Real Estate, Estate Planning, Estate, Business

Status: In Good Standing Licensed: 21 Years

CONTACT

48 Market St, Mount Clemens, MI 48043

Jacqueline R. Wright

Other, Estate Planning, Family Law, Divorce & Family Law

Status: In Good Standing Licensed: 28 Years

CONTACT

10 N Main St, Mount Clemens, MI 48043

Robert Szalka

Estate Planning, Estate

Status: In Good Standing Licensed: 45 Years

CONTACT

40 N Main St, Mount Clemens, MI 48043

Thomas S. Michael

Litigation, Immigration, Estate Planning, Animal Bite

Status: In Good Standing Licensed: 38 Years

CONTACT

75 N Main St, Mount Clemens, MI 48046

800-923-0641

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LEGAL TERMS

TRUSTEE

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income ... (more...)

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income or principal as directed in the trust document. With a simple probate-avoidance living trust, the person who creates the trust is also the trustee.

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

GROSS ESTATE

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of prob... (more...)

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of probate. Taxes are due only on the value of the property the person actually owned (the net estate) plus the amount of any taxable gifts made during life. In a few states, the gross estate is used when computing attorney fees for probating estates; the lawyer gets a percentage of the gross estate.

ESTATE PLANNING

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your... (more...)

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your estate may involve making a will, living trust, healthcare directives, durable power of attorney for finances or other documents.

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.

LETTERS TESTAMENTARY

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succes... (more...)

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succession laws.

ALTERNATE BENEFICIARY

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to ... (more...)

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to take the property. For example, in his will Jake leaves his collection of sheet music to his daughter, Mia, and names the local symphony as alternate beneficiary. When Jake dies, Mia decides that the symphony can make better use of the sheet music than she can, so she refuses (disclaims) the gift, and the manuscripts pass directly to the symphony. In insurance law, the alternate beneficiary, usually the person who receives the insurance proceeds because the initial or primary beneficiary has died, is called the secondary or contingent beneficiary.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

SAMPLE LEGAL CASES

In re Kostin Estate

In Docket No. 272767, respondent Camille A. Kent appeals as of right the probate court's judgment and order following a bench trial, interpreting a will and trust, determining heirs and devisees, and determining title to property after decedent Juanita Kostin's death in 2004. ...

In re Nestorovski Estate

723 Payne, Broder & Fossee (by Andrew J. Broder) and Underwood & March (by Lauren M. Underwood), Bingham Farms, for the petitioner. ... Kemp Klein Law Firm, PC (by Alan A. May and Debra Nance), Troy, for the respondent. ... Before: SAAD, CJ, and BORRELLO and ...

In re Rudell Estate

During her lifetime, the decedent owned a certain parcel of residential real property located at 1170 Chesterfield in Birmingham, Michigan (the property). In 1982, the decedent properly transferred ownership of the property to the trust. According to the complaint filed in this matter, the ...

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Harrison Township Estate Lawyer, Michigan, page 2

Sponsored Law Firm

Thav, Ryke and Associates, Attorneys at Law

SPONSORED LAWYERS

Patrick M. Simasko

James M. Simasko

Azhar H. Sheikh

Antonie W. Y. Walsh

Rollin H. Allen

Richard F. Reynolds

Brian J. Cole

Jacqueline R. Wright

Robert Szalka

Thomas S. Michael

TIPS

LEGAL TERMS

TRUSTEE

GENERATION-SKIPPING TRUST

AB TRUST

GROSS ESTATE

ESTATE PLANNING

FINAL BENEFICIARY

LETTERS TESTAMENTARY

ALTERNATE BENEFICIARY

SUCCESSOR TRUSTEE

SAMPLE LEGAL CASES

In re Kostin Estate

In re Nestorovski Estate

In re Rudell Estate

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