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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.
2. AboutExperienced Michigan Lawyer
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John M. Phelan

Other, Estate Planning, Criminal, Contract

Status: In Good Standing Licensed: 27 Years

CONTACT

912 Industrial Dr, Tecumseh, MI 49286

Mark A Jackson

Real Estate, Wills & Probate, Trusts, Estate

Status: In Good Standing Licensed: 42 Years

CONTACT

160 N Winter St, Adrian, MI 49221

Christopher J. Kokoczka

Health Care Other, Estate Planning, Employee Rights, Elder Law

Status: In Good Standing Licensed: 49 Years

CONTACT

600 S Bowen St, Jackson, MI 49203

Dennis J. Conant

Estate Planning, Family Law, Divorce & Family Law, Personal Injury

Status: In Good Standing Licensed: 51 Years

CONTACT

2654 Spring Arbor Rd, Jackson, MI 49203

Catherine Ann Sala

Trusts, Divorce, Contract, Bankruptcy

Status: In Good Standing Licensed: 16 Years

CONTACT

425 N Main St, Adrian, MI 49221

Holleigh Elizabeth Baker

Estate Planning, Estate

Status: In Good Standing Licensed: 24 Years

CONTACT

209 E Russell Rd, Tecumseh, MI 49286

Bruce William Crews

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

Status: In Good Standing Licensed: 13 Years

CONTACT

2400 N Elm Ave, Jackson, MI 49201

William A. Benz

Real Estate, Estate Planning, Elder Law, Property Damage

Status: In Good Standing

CONTACT

Adrian, MI 49221

Nancy R. Eaton

Estate, Power of Attorney, Criminal, Federal Appellate Practice, Divorce & Family Law

Status: In Good Standing Licensed: 12 Years

CONTACT

160 N Winter St, Adrian, MI 49221

Frank C. Riley

Other, Real Estate, Estate Planning, Limited Liability Companies

Status: In Good Standing Licensed: 45 Years

CONTACT

425 N Main St, Adrian, MI 49221

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LEGAL TERMS

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.

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using... (more...)

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using a simple form that names a person to receive the property after the owner's death. Every state but Texas has adopted the statute.

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.

DEATH TAXES

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who... (more...)

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who inherit property.

BENEFICIARY

A person or organization legally entitled to receive benefits through a legal device, such as a will, trust or life insurance policy.

PUBLIC ADMINISTRATOR

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to t... (more...)

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to the state. Some states have public administrators who are responsible for temporarily preserving the assets of an estate if there are disputes about specific provisions in the will or about who will be appointed the regular administrator.

NET ESTATE

The value of all property owned at death less liabilities or debts.

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.

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.

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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Brooklyn Estate Lawyer, Michigan, page 4

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

John M. Phelan

Mark A Jackson

Christopher J. Kokoczka

Dennis J. Conant

Catherine Ann Sala

Holleigh Elizabeth Baker

Bruce William Crews

William A. Benz

Nancy R. Eaton

Frank C. Riley

TIPS

LEGAL TERMS

SPENDTHRIFT TRUST

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

SURVIVING SPOUSE'S TRUST

DEATH TAXES

BENEFICIARY

PUBLIC ADMINISTRATOR

NET ESTATE

AB TRUST

ACCUMULATION TRUST

SAMPLE LEGAL CASES

In re Kostin Estate

In re Nestorovski Estate

In re Rudell Estate

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