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Cortney Gibson
About | Practice Areas
Dulaney Gibson Law and Advocacy
2447 Emerson Ave Bloomfield Hills, MI 48302» view map
Estate Law
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If two heads are better than one, imagine the team WE would make. Simply put...we want your head in the game, too.

800-879-0801
1. Cortney Gibson Bloomfield Hills, MI
  Attorney at Law - MI, 2012
  Thomas M. Cooley Law School J.D.
2. AboutDulaney Gibson Law and Advocacy
  We Have Your Back
3. Practice AreasExpertise
  Estate Law
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David P. Grunow

Estate Planning, Labor Law, Family Law, Limited Liability Companies

Status: In Good Standing Licensed: 47 Years

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28240 Sheeks Blvd N., Flat Rock, MI 48134

John O. Knappmann

Criminal, Juvenile Law, Estate, Estate Planning, Medical Malpractice

Status: In Good Standing

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2836 W Jefferson Ave, Trenton, MI 48183

Eugene Ferguson

Bankruptcy & Debt, Criminal, Divorce & Family Law, Estate

Status: In Good Standing Licensed: 42 Years

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3253 West Rd, Trenton, MI 48183

Kim D. Johnson

Divorce & Family Law, Estate, DUI-DWI

Status: In Good Standing

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2836 W Jefferson Ave, Trenton, MI 48183

Robert D. Paulbeck

Landlord-Tenant, Social Security, Estate Planning, Family Law

Status: In Good Standing

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2615 W Jefferson Ave, Trenton, MI 48183

Jeffrey S. Forrester

Science, Technology & Internet, Trusts, Divorce, Contract

Status: In Good Standing Licensed: 25 Years

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7799 Macomb St, Grosse Ile, MI 48138

Anthony Lyn Greear

Tax, Immigration, Gift Taxation

Status: In Good Standing Licensed: 15 Years

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31493 Marigold Dr, Flat Rock, MI 48173

Denis W. Budds

Landlord-Tenant, Estate Planning, Family Law, Elder Law

Status: In Good Standing Licensed: 53 Years

CONTACT

26131 E Huron River Dr, Flat Rock, MI 48134

Michael Arthur Sims

Real Estate, Estate Planning, Divorce & Family Law, Elder Law

Status: In Good Standing Licensed: 15 Years

CONTACT

3033 Van Horn Rd, Trenton, MI 48183

David A. Sims

Real Estate, Estate Planning, Elder Law, Property Damage

Status: In Good Standing Licensed: 53 Years

CONTACT

3033 Van Horn Rd, Trenton, MI 48183

800-923-0641

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LEGAL TERMS

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

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.

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

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.

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the trust.

CONSERVATOR

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of th... (more...)

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of the estate.' One who takes care of personal matters, such as healthcare and living arrangements, is known as a 'conservator of the person.' Sometimes, one conservator is appointed to handle all these tasks. Depending on where you live, a conservator may also be called a guardian, committee or curator.

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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Rockwood Estate Lawyer, Michigan

Sponsored Law Firm

Dulaney Gibson Law and Advocacy

SPONSORED LAWYERS

David P. Grunow

John O. Knappmann

Eugene Ferguson

Kim D. Johnson

Robert D. Paulbeck

Jeffrey S. Forrester

Anthony Lyn Greear

Denis W. Budds

Michael Arthur Sims

David A. Sims

TIPS

LEGAL TERMS

TRUSTEE POWERS

ESTATE TAXES

TRUST MERGER

TRUST CORPUS

ACCUMULATION TRUST

FAILURE OF ISSUE

FINAL BENEFICIARY

POUR-OVER WILL

CONSERVATOR

SAMPLE LEGAL CASES

In re Kostin Estate

In re Nestorovski Estate

In re Rudell Estate

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